Economics Professors Are Well Aware of the Importance of Incentives

question 69

Multiple Choice

Economics professors are well aware of the importance of incentives.Which of the following situations shows the use of a positive incentive?

• A) Students who show up late to class will not be allowed in the classroom.
• B) Students who do not have a doctor's note will not be allowed to take an exam at a different time.
• C) Students can choose whether or not they want to attend class-there is no attendance policy.
• D) Students can choose to do extra credit at the end of the semester.
• E) The professor decides to teach the class by reading out of the textbook to the entire class.

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Definitions:

Moral Development

The process through which individuals evolve in their understanding of what is right and wrong, influenced by cultural, social, and cognitive factors.

Ethical Issues

Moral dilemmas or questions about right and wrong that arise in personal lives, professional settings, or social policies.

Law and Order Stage

A stage in moral development where individuals prioritize obedience to laws and respect for authority as essential for maintaining societal order.

Moral Development

The process of learning to distinguish right from wrong and developing the capacity to act based on ethical principles.