Maslow States That Satisfaction of Our Physiological Needs Allows Us

question 24

True/False

Maslow states that satisfaction of our physiological needs allows us to feel confident of our strength,worth,and adequacy.

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Definitions:

Excise Tax

A tax levied on specific goods, services, or transactions, often included directly in the price of the product like gasoline, alcohol, and tobacco.

Gasoline

A liquid fuel derived from petroleum, used primarily in internal combustion engines.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or service is not achieved or is not achievable.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay.