Nate Wonders How His Friend Jim Can Wake Up at 5:00

question 329

Multiple Choice

Nate wonders how his friend Jim can wake up at 5:00 every morning to swim laps before school. When he asks about it, Jim replies that he simply wants to realize his highest personal potential in swimming. Jim's explanation is most consistent with _____ theories of motivation.

• A) instinct
• B) drive
• C) humanistic
• D) arousal

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Definitions:

Inflation Rate

The percentage increase in the general level of prices for goods and services over a certain period, reflecting the decreasing purchasing power of money.

Rational Person

An individual who systematically and logically evaluates options to make decisions that maximize their personal benefit or utility.

Present Value

The present worth of a sum of money or series of cash flows anticipated in the future, calculated using a certain rate of return.

Consumption Plan

An outline of how individuals or households intend to allocate their income towards consumption goods and services over a period.