Which of the following best describes rule utilitarianism?
a. a person considers an action independently of a situation and determines whether it is more often moral or immoral to determine how to classify it in all situations
b. a person who considers a situation and decides upon the easiest course of action
c. a person who considers an action and determines whether it would end favorably for them
d. a person examines a situation, considers all possible actions they could take and decides which one would end most favorably for all involved
Ans: a. a person considers an action independently of a situation and determines whether it is more often moral or immoral to determine how to classify it in all situations
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The "law of demand" refers to the fact that, other things remaining the same, when the price of a good rises,
A) the demand curve shifts rightward. B) the demand curve shifts leftward. C) there is a movement down along the demand curve to a larger quantity demanded. D) there is a movement up along the demand curve to a smaller quantity demanded. E) the demand curve shifts rightward and there is a movement up along the demand curve to a smaller quantity demanded.
Carefully explain the pros and cons of borrowing from other countries
What will be an ideal response?