Which of the Following Statements About Cross-Cultural Values Is TRUE

question 204

Multiple Choice

Which of the following statements about cross-cultural values is TRUE?

• A)People with a high achievement-orientation emphasize relationships and the well-being of others.
• B)People with high individualism can have any level (high or low)of collectivism.
• C)People with high power distance value independence and personal uniqueness.
• D)People with low uncertainty avoidance must also have high power distance.
• E)People in almost all cultures have high uncertainty avoidancE.

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Definitions:

Economic Conditions

The state of a country's economy, including factors like unemployment, inflation, and GDP growth.

Gold Reserves

The amount of gold held by a central bank or government to support the value of its currency and to settle debts or engage in trade.

Create Money

The process by which the central bank or financial institutions increase the money supply in the economy, typically through activities such as lending or purchasing government securities.

Demand Deposits

Bank account balances that can be withdrawn on demand with no prior notice, such as checking accounts, providing liquidity and flexibility for accountholders.