The belief that the ethically proper thing to do in any situation is the thing that maximizes society's overall happiness and minimizes society's overall suffering is called
A) utilitarianism.
B) diminishing marginal utility.
C) the benefits-received principle.
D) transcendentalism.
A
Economics
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Why does a larger government budget deficit increase the magnitude of the crowding-out effect?
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According to the text, to effectively control most American corporations requires
a. a person to own nearly all of the voting stock b. a person to own at least 51 percent of the voting stock c. a person to own at least 75 percent of the voting stock d. as little as 10 percent of the voting stock e. a person to own all of the corporate bonds
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