Which of the Following Best Captures the More Specific Sense

question 24

Multiple Choice

Which of the following best captures the more specific sense of rén in Confucian ethics?

• A) Being prone to shame and so acting virtuously to avoid feeling ashamed in front of other people.
• B) Adherence to the "negative golden rule" of not doing to others what you would not want them to do to you.
• C) Promoting others' interests, including their interests in behaving virtuously, and refraining from acting in hurtful ways.
• D) Treating others fairly by giving them what is owed to them according to the rules of your society.

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Definitions:

Purchasing-power Parity

A theory of exchange rates whereby a unit of any given currency should be able to buy the same quantity of goods in all countries.

Exchange Rates

The rate at which one currency can be exchanged for another, affecting trade and economic relations between countries.

Long Run

A period of time in economics where all factors of production and costs are variable, allowing for full adjustment to changes.

Net Capital Outflow

The difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners over a specific time period, indicating the flow of capital out of a country.