________ Is an Ethical Framework That Judges the Morality of an Action

question 86

Multiple Choice

________ is an ethical framework that judges the morality of an action based on how well it adheres to broadly accepted rules, regardless of the action's actual consequences.

• A)Utilitarianism
• B)Legal positivism
• C)Natural laws and rights
• D)Rationalism

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Definitions:

Time Inconsistency

A situation in which a decision-maker's preferences change over time in such a way that what is initially considered preferable is no longer so at a later date.

Monetary Policy

Economic policy laid out by the central bank, involving management of money supply and interest rates to control inflation and ensure economic stability.

Reducing Inflation

Methods and policies implemented by governments or central banks to slow down the rate at which prices for goods and services increase.

Permanent Scars

Long-term damage or impact left on the economy or individual sectors by significant events, such as financial crises or pandemics.