According to Maslow's Hierarchy of Needs, We Seek to Fulfill

question 52

Multiple Choice

According to Maslow's hierarchy of needs, we seek to fulfill our need for love and belongingness

• A)after our basic physiological and safety needs are met.
• B)before our basic biological and safety needs are met.
• C)after we have found self-actualization.
• D)after self-esteem needs have been met.

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Definitions:

Semi-Annually Compounded

Interest calculation method where the interest is added to the principal on a half-yearly basis.

Nominal Rate

The stated interest rate of a bond or loan, not accounting for inflation or compounding effects, also known as the annual percentage rate (APR).

Compounded Monthly

An interest calculation method where interest earned is added to the principal each month, affecting subsequent interest calculations.

Effective Rate

The actual annual interest rate that accounts for compounding over a given period, providing a true reflection of the financial cost or benefit.