What Is Moral Nihilism, According to Chapter 9

question 31

Multiple Choice

What is moral nihilism, according to Chapter 9?

• A) The view that only the pursuit of power ultimately matters.
• B) The view that all moral claims are false.
• C) The view that morality is something we choose for ourselves.
• D) The view that no one is genuinely motivated by moral concerns.

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Definitions:

Self-correction

The process by which an economic variable adjusts back to its equilibrium or normal state after a disturbance, without external intervention.

Labor Surplus

A situation where the supply of labor exceeds the demand for labor, leading to unemployment or underemployment.

Passive Approach

A strategy or policy of non-intervention, allowing market forces to operate with minimal governmental interference.

Economic Policy

Actions taken by governments or central banks to influence the economy, including decisions on monetary policy, fiscal policy, and regulatory measures.