Henry Conforms to the Expectations of Good Behaviour as Defined

question 45

Multiple Choice

Henry conforms to the expectations of good behaviour as defined by his family and friends.He believes in the norms of right and wrong set by external standards more than those set by his inner conscience.By which of the following levels of moral personal development is Henry characterized?

• A)Para-conventional
• B)Conventional
• C)Preconventional
• D)Postconventional

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Definitions:

Money Demand

The desire of households and firms to hold cash for the purposes of transactions, precaution, and speculation.

Surplus of Money

Surplus of Money occurs when the supply of money in an economy exceeds the demand, potentially leading to lower interest rates and increased spending.

Vertical Axis

In a graph or chart, this axis represents the range of values or criteria that are measured upward and downward.

Money Supply Curve

A graphical representation showing the relationship between the quantity of money in an economy and the price level or interest rates.