Utilitarian, Individualism, Moral-Rights, and Objective Dualism Are the Four Approaches

question 17

True/False

Utilitarian, individualism, moral-rights, and objective dualism are the four approaches that guide ethical decision-making.

---

Definitions:

Progressive Income-tax

A tax system where the tax rate increases as the taxable amount increases, typically imposing higher taxes on higher income earners.

Price Elasticity

A measure of how sensitive the demand or supply of a product is to changes in price, indicating how quantities demanded or supplied respond to price changes.

Excise Tax

A tax applied to specific goods, such as alcohol and tobacco, typically to discourage their consumption or raise government revenue.

CAM Treatment

Stands for Complementary and Alternative Medicine, encompassing a wide range of health care practices, products, and therapies not traditionally associated with conventional medicine.