Which of the Following Is True of High Achievers and Low

question 66

Multiple Choice

Which of the following is true of high achievers and low achievers?

• A)People with a high need for achievement consider high-risk and no-risk situations as a waste of time.
• B)People who are driven by a high need for achievement would prefer high-risk situations that have little chance of success.
• C)People with a low need for achievement are motivated by the expectation of success.
• D)People with a low need for achievement prefer moderate-risk situations that are more likely to guarantee success.

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Definitions:

Rate of Inflation

A measure of the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Expected Return

The predicted amount of gain or loss an investment is anticipated to generate, based on historical performance or statistical analysis.

Economic Activity

The total amount of production, distribution, and consumption of goods and services in an economy.

Standard Deviation

A statistical measure of the dispersion of a set of data from its mean, often used to quantify the risk of a financial instrument.