What Is the Most Likely Reason for More Firms Providing

question 20

Multiple Choice

What is the most likely reason for more firms providing ethics training to employees?

• A) Universities do not require all graduate students to enroll in ethics courses.
• B) Federal laws encourage firms to comply with ethics training guidelines.
• C) Employees seeking professional certification are tested on ethics.
• D) State laws require businesses to have written codes of conduct.

---

Definitions:

Nominal Interest Rate

The rate of interest charged on a loan without taking the inflation rate into account.

Real Interest Rate

It represents the rate of interest an investor expects to receive after allowing for inflation, fundamentally indicating the true return on an investment.

Inflation Rate

The annual rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to limit inflation to maintain a healthy economy.

Nominal Interest Rate

The headline rate of interest paid on a loan or received on an investment, not adjusted for inflation.