The View That Some Human Motives Are Innate and Due

question 31

Multiple Choice

The view that some human motives are innate and due to genetic programming is a description of

• A) instinct theories.
• B) drive theories.
• C) incentive theories.
• D) humanistic theories.

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Definitions:

Profit-maximizing Condition

The state or point at which a business achieves the highest level of profit with the least amount of cost, often by equating marginal cost and marginal revenue.

Role Of Government

The activities undertaken by a government to regulate and guide the economy, including policy-making, taxation, and spending.

Unemployment Level

The number or percentage of the labor force that is without work but actively seeking employment.

Real Income

Real income refers to the amount of goods and services that can be bought with a given amount of money, taking into account inflation.