Rawls's Moral Theory Contains Two Basic Principles, the First of Which

question 32

Multiple Choice

Rawls's moral theory contains two basic principles, the first of which refers to liberty. His second principle refers to social and economic inequalities and holds that these inequalities:

• A) are never acceptable in any society
• B) are justified if they are to everyone's advantage
• C) actually benefit society in many ways

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Definitions:

Present Value

The modern equivalent value of a future monetary sum or cash flow sequence, with an established return rate.

Interest Rate

The percentage charged on a loan or paid on deposited funds, representing the cost of borrowing or the gain on savings.

Future Value

The value of a current asset at a specified date in the future based on an assumed rate of growth.

Present Value

The current valuation of a future financial sum or stream of payments, factoring in a set rate of return.