How Much a Person or Family Earns in Any Given

question 49

Multiple Choice

How much a person or family earns in any given period is called:

• A)wealth.
• B)income.
• C)median net worth.
• D)economic index.

Differentiate between ethical leadership theories.

Recognize the impact of ethical leadership on followers and organizations.

Understand the negative consequences of unethical leadership.

Apply ethical theories to leadership situations.

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Definitions:

Ornamental Pond

a water feature designed for aesthetic purposes, often found in gardens or landscapes.

Social Cost

The total cost to society, including both private costs borne by individuals and external costs borne by others not involved in a transaction.

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates, including natural, built, and social components.

Pollution

The contamination of the natural environment with harmful substances, resulting in adverse effects on ecosystems and human health.