The Famous Story of Abraham Lincoln Stopping to Save Some

question 59

Multiple Choice

The famous story of Abraham Lincoln stopping to save some piglets is an illustration of the thesis of

• A)ethical egoism.
• B)ethical altruism.
• C)psychological egoism.
• D)psychological altruism.

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Definitions:

Government Implements

Actions taken by the government to put policies, regulations, or laws into effect.

Price Ceiling

A government-imposed limit on how high a price can be charged on a product, intended to protect consumers from high prices.

Consumers

Consumers are individuals or organizations that acquire goods and services for private purposes.

Price Control

Regulatory measures by which a government intervenes in the market to adjust prices, typically to protect consumers or producers.