Social Positions Can Be Both General and Specific

question 36

Multiple Choice

Social positions can be both general and specific. Which of the following is an example of a specific social position in American society?

• A) race
• B) doctor
• C) gender
• D) sexual orientation

Distinguish between various factors that shift the demand and supply curves in the markets for loanable funds and foreign-currency exchange.

Understand the equilibrium condition in the open-economy macroeconomic model and its implications for domestic investment, net capital outflow, and net exports.

Identify the roles of government budget deficits and surpluses in the open-economy macroeconomic model.

Analyze the implications of changes in real interest rates on net capital outflow and the demand for loanable funds.

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Definitions:

Hierarchy of Needs

Maslow's theory that human motivations are ranked in a hierarchical order from physiological needs to self-actualization.

Abraham Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Conflicts

Situations or internal states in which incompatible goals, needs, or desires lead to psychological tension and struggle.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.