Colby's 20-Year Longitudinal Study of Moral Reasoning Showed That

question 34

Multiple Choice

Colby's 20-year longitudinal study of moral reasoning showed that

• A)nearly half of adults had no moral progression at all.
• B)many individuals skip stages in Kohlberg's sequence.
• C)pet ownership relates to higher moral reasoning.
• D)for most adults, their highest reasoning is at the conventional level (level four).

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Definitions:

Expected Utility

A theory in economics that calculates the utility expected from an investment or action, considering all possible outcomes weighted by their likelihood.

Less Risk-averse Investors

Individuals who are willing to take on greater levels of investment risk in pursuit of higher returns.

Efficient Portfolios

Portfolios that offer the best possible expected return for their level of risk, based on modern portfolio theory.

Rates of Return

Rates of return measure the net gain or loss of an investment over a specified period, expressed as a percentage of the investment’s initial cost.