For Utilitarians,the __________

question 100

Multiple Choice

For utilitarians,the __________.

• A) individual rights of a person are integral to analyzing the morality of actions
• B) common good is of the least importance
• C) formalist approach is the basis of every moral action
• D) ethical focus is on the self-worth of an individual
• E) end justifies the means

Understand the implications of inflation and price level changes on output.

Know the determination factors of wage rates in collective bargaining and their relation to monetary policy.

Realize the limitations of active policy in influencing output under rational expectations.

Identify the conditions under which fiscal and monetary policy can stimulate output and employment in the short run.

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Definitions:

Graph

A graphic representation illustrating the framework of associations or linkages between several entities by utilizing unique elements such as dots, lines, and bars.

Quadrilateral

A polygon with four edges (or sides) and four vertices (or corners).

Vertices

Vertices are points where two or more curves, lines, or edges meet.

Linear Inequalities

Inequalities involving linear expressions, which can graphically represent regions of the coordinate plane.