An Increase in Education and Training

question 6

Multiple Choice

An increase in education and training

• A)decreases real GDP growth.
• B)increases the hours worked per person.
• C)increases labour productivity.
• D)increases aggregate hours.
• E)increases the employment rate.

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Definitions:

Ethically Questionable Actions

Activities or decisions that raise concerns regarding their adherence to moral or ethical standards.

Whistle-blowing

Whistle-blowing involves exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.

Social Audits

Formal procedures that identify and evaluate all company activities that relate to social issues such as conservation, employment practices, environmental protection, and philanthropy.

Ethical Awareness Stage

A phase in ethical development where individuals recognize that a situation or decision has an ethical dimension.