The Utilitarian Rejects Which One of the Following Claims of the Ethical

question 41

Multiple Choice

The utilitarian rejects which one of the following claims of the ethical egoist?

• A) The consequences of an action determine if it is right or wrong.
• B) There are objectively correct answers in ethics.
• C) People only have a moral obligation to be concerned about their own self-interest.
• D) It is impossible for an action to be morally obligatory if it makes no one happy.

Apply the concept of future value in different financial contexts.

Determine the viability of investments based on cash flow comparisons.

Comprehend and execute the process of discounting to find present value.

Recognize and define key financial terms such as annuities and compound interest.

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Definitions:

Nonmonetary Considerations

Factors influencing decisions that are not based on money or financial gain, such as ethical values, social responsibilities, or personal preferences.

Depreciation Rates

The rate at which an asset loses its value over time, often used for accounting and tax purposes to reflect the wear and tear, aging, or obsolescence of physical or intangible assets.

Opportunity Costs

The burden of missing out on the subsequent optimal choice during the selection process.

Technological Advances

Innovations and improvements in technology that increase productivity, efficiency, or bring about new products or ways of doing things.