12-21A Study Conducted by George Von Furstenberg Found That Shorter

question 21

Multiple Choice

12-21.A study conducted by George Von Furstenberg found that shorter maturity loans (20-year versus 30-year) and loans on new houses were:

• A) very likely to default
• B) much less likely to default
• C) likely to default within 20 years
• D) likely to default within 10 years

Explain Rawls' views on moral development and its relevance in the formation of a just society.

Distinguish between Rawls' two principles of justice and their significance.

Analyze the relationship between institutions and the distribution of rights and duties as proposed by Rawls.

Describe how Rawls' theory addresses inequalities and its conditions for justification.

---

Definitions:

Exponentially

At an increasingly rapid rate, describing a process of multiplication by a constant at set intervals.

Renewable Resources

Resources that can be replenished naturally over time, such as solar and wind energy.

Natural Processes

The naturally occurring events and phenomena that shape the Earth's ecology and environment.

Human Time Scale

A concept referring to time periods relevant to human life and history, contrasting with geological or cosmic scales of time.