Examples of the Benefits of Distributive Justice Are

question 9

Multiple Choice

Examples of the benefits of distributive justice are:

• A) Basic needs, material and social goods, liberties, rights, and entitlements
• B) Taxes, military service, location of incinerators or power plants
• C) Entitlement to equal rights and equal treatment
• D) The right to private property and personal assets

Calculate the future value of annuities and single cash flows.

Determine the present value of annuities and single cash flows.

Understand and calculate the effective annual rate (EAR) with different compounding frequencies including continuous compounding.

Analyze and calculate payments for saving plans and retirement funds.

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Definitions:

Lower-order Needs

Basic human needs in Maslow’s hierarchy, such as physiological and safety needs, which must be satisfied before higher-order needs can be pursued.

Maslow's Hierarchy of Needs Theory

A psychological theory that categorizes human needs into a five-level pyramid, starting from basic physiological needs to self-actualization.

Higher-order Needs

Psychological needs that are associated with personal achievement, self-respect, and the recognition and respect of others.

Practical Managerial Questions

Real-world, applied queries that managers address to solve operational problems and improve organizational performance.