Which of the Following Is One of the Primary Reasons

question 36

Multiple Choice

Which of the following is one of the primary reasons people become entrepreneurs?

• A) to achieve an external locus of control
• B) to pay less taxes
• C) to have a more relaxed life
• D) to create one's own schedule

Understand the principle of the primacy effect in impression formation.

Identify stereotypes and their impact on social perception.

Comprehend the mechanisms and effects of cognitive dissonance.

Understand implicit personality theories and their influence on social perception.

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Definitions:

Fixed Exchange Rate

A currency system where the value of a currency is pegged against another currency, a basket of currencies, or another measure of value.

Trade Deficits

A situation where a country's imports exceed its exports, indicating that it is buying more goods and services than it is selling abroad.

Current Account

Part of a nation's balance of payments encompassing the trade balance, net primary income, and net secondary income components.

Balance of Payments

A comprehensive summary of a country's economic transactions with the rest of the world over a specific time period, including trade, services, and financial transfers.