In Rawls' Philosophy,the _________ Indicates That Inequalities Are Justified If

question 20

Multiple Choice

In Rawls' philosophy,the _________ indicates that inequalities are justified if they benefit the position of the least-advantaged members of society.

• A) second principle
• B) first principle
• C) primary principle
• D) Friedman principle
• E) difference principle

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Definitions:

Inflation

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Cigarette Habit

The cigarette habit refers to the regular consumption of cigarettes, often resulting in physical dependence on nicotine.

Net Present Value

A method used in capital budgeting to appraise the profitability of an investment, considering the time value of money.

Auto Loan Payments

Regular payments made over a period to repay borrowed money used to purchase a vehicle, typically including both interest and principal.