Which of the Following Is an Argument Put Forth by Economist

question 55

Multiple Choice

Which of the following is an argument put forth by economist Milton Friedman?

• A) A law represents the minimal moral standards of society, so an individual should never take any action that violates the law.
• B) It is unethical for companies to take any action that is not in an organization's long-term self-interest.
• C) It is socially irresponsible for companies to divert time, money, and attention from maximizing profits to social causes and charitable organizations.
• D) An individual's ethical decision is based on his or her level of moral development.

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Definitions:

Scaffolding

A teaching method that involves providing support to students or learners through various techniques as they are introduced to new concepts, reducing support as they become more proficient.

Hot Chocolate

A warm beverage made from milk, cocoa powder, and sugar, often enjoyed in cold weather for its comforting qualities.

Experience-expectant Growth

A concept in neuroscience and psychology where the brain develops and organizes itself based on general human experiences it expects to encounter in its environment.

Scaffolding

An educational approach in which a more knowledgeable other provides temporary support to a student who is learning a new concept until the student can demonstrate independence in the task.