An Activity Is Probably Ethical If It

question 8

Multiple Choice

An activity is probably ethical if it

• A)is approved of by most individuals in the organization and is customary in the industry.
• B)is approved of by no one in the organization, but has been carried out in the industry before.
• C)is customary in the industry.
• D)does not violate any laws.
• E)does not make consumers feel cheated, deceived, or manipulated.

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Definitions:

Real Wages

Wages adjusted for inflation, reflecting the actual purchasing power of income earned from work.

Two-Income Families

Households in which both partners earn wages or salaries contributing to the family's total income.

Real Wages

The purchasing power of wages or income, taking into account the effect of inflation on buying capacity.

Real Average Hourly

Real Average Hourly refers to the measurement of average hourly earnings adjusted for inflation, providing a more accurate depiction of purchasing power over time.