Suppose That Thabang Has a Strong Belief in a Just

question 29

Multiple Choice

Suppose that Thabang has a strong belief in a just world, and that he is just like other people who have a strong belief in a just world.How should we expect him to respond when he is asked what he thinks about a new social welfare programme to benefit the elderly?

• A)'That sounds great; I support anything that helps others!'
• B)'That sounds great; when I am old I want to have those benefits.'
• C)'That sounds like a farce and I do not support it; the elderly's plight is their own fault.'
• D)'That sounds great; the more laws we can implement to help others, the better!'

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Definitions:

Compounded Semi-Annually

The method of calculating interest where the accrued interest is added to the principal sum every six months.

Lump Payment

A single, large payment made at once, as opposed to smaller, periodic payments.

Compounded Semi-Annually

This is the process where interest is added to the principal sum of a loan or deposit twice a year, resulting in interest being earned on interest from that point on.

Replacement Stream

A series of cash flows intended to replace the benefits of an asset or investment over time.