Which of the following moral theories considers the action resulting in the greatest benefit to all people as the most moral action?
a. act utilitarianism
b. rule utilitarianism
c. relativism
d. deontology
Ans: a. act utilitarianism
Economics
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The U.S. dollar will appreciate if inflation rises from 3 percent to 7 percent in the United States
Indicate whether the statement is true or false
Economics
Refer to Table 8-7. Suppose that a simple economy produces only four goods and services: iPods, t-shirts, bottled water, and oranges. Calculate nominal GDP for this simple economy
What will be an ideal response?
Economics