Which of the Following Is a Result of Increased Real

question 98

Multiple Choice

Which of the following is a result of increased real wages in the United States?

• A)A decrease in the quantity of services demanded by households
• B)An increase in the opportunity cost of remaining employed in the home
• C)A decrease in the opportunity cost of working outside the home
• D)A decline in the number of households providing labor outside the home
• E)Reduced use of labor-saving devices in households

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Definitions:

Self-Actualization

The process of realizing and fulfilling one's own potential and capabilities, often considered the highest level of psychological development.

Achievement Motive

Wanting to accomplish things, usually on one’s own and without help.

Implicit Motives

Unconscious motivations, usually measured with projective tests.

Affiliation Motive

An underlying psychological drive that influences individuals to form connections, bond with others, and seek social acceptance.