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The Development of Ethical Codes Is Relatively New to the Helping

question 29

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The development of ethical codes is relatively new to the helping professions, with most codes of ethics being established within the past 50 years


Definitions:

Marginal Propensity

The additional amount that consumers are likely to spend out of an additional unit of income.

Consumption Function

A formula in economics that shows the link between overall consumption and the gross national income.

Price Level

An index that measures the average of prices for goods and services in an economy over a period of time.

Aggregate Expenditure Line

A graphical representation of the total planned spending in an economy at various levels of national income.

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