With Respect to GDP, How Is Unemployment Compensation Treated

question 18

Multiple Choice

With respect to GDP, how is unemployment compensation treated?

• A) It is included as part of GDP because it represents income.
• B) It is not included as part of GDP because it is a transfer payment.
• C) It is included as part of GDP because the recipients must have worked in the past to qualify.
• D) It is not included as part of GDP because the payments reduce business profits.

Differentiate between compliance and values orientations in ethics programs and their impact on organizational culture.

Explain the function and importance of a code of ethics versus a code of conduct in an ethical program.

Identify the benefits of having an effective ethics hotline and how it supports organizational ethics compliance.

Assess the significance of top management support in the effectiveness of ethics and compliance programs.

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Definitions:

Age Groups

Classifications of individuals based on their age, often used in research to compare developments at different life stages.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables fluctuate together.

Cognitive Perspective

An approach in psychology that emphasizes internal mental processes such as thinking, decision-making, and problem-solving.

Evolutionary Perspective

A theoretical approach that examines how evolutionary principles, such as natural selection, shape behaviors and mental processes.