Accepting a Moral Principle

question 8

Multiple Choice

Accepting a moral principle

• A) is a purely intellectual act like accepting a scientific hypothesis.
• B) generally involves a desire to follow that principle for its own sake.
• C) means you will never go against that principle.
• D) is a religiously based act of faith.

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Definitions:

Elected Officials

Individuals chosen by voters to hold public office and make legislative or executive decisions.

Government Salaries

Payments made to employees of the government, influencing public sector spending and economic activity.

Budget Process

The procedure by which governments create and approve a budget, detailing the planned revenues and expenditures for the upcoming fiscal period.

Providing Externalities

The act of producing results (positive or negative) that affect third parties who are not directly involved in the economic transaction.