The Need for Prestige and Reputation Is Part of the Need

question 62

Multiple Choice

The need for prestige and reputation is part of the need for

• A) love.
• B) esteem.
• C) self-actualization.
• D) safety.
• E) physiological.

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Definitions:

Average Tax Rate

The portion of total income paid in taxes, calculated by dividing the total amount of taxes paid by the taxpayer's total income.

Taxable Income

The amount of income subject to taxes, determined by subtracting deductions and exemptions from gross income.

Marginal Tax Rate

The percentage of tax applied to your income for each tax bracket in which you qualify, essentially the rate applied to the last dollar of the taxpayer's income.

Federal Income Tax

An annual fee collected by the United States federal government from individuals, corporations, trusts, and other legal entities' earnings.