Value Judgments

question 17

Multiple Choice

Value judgments:

• A)always produce predictable results.
• B)are subjective opinions that cannot be proven correct on the basis of objective facts or evidence.
• C)should be the basis for all serious policy discussions.
• D)can always be tested and verified using accepted standards of logic and evidence.

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Definitions:

Harmful Pollutants

Substances released into the environment that can cause harm to human health, ecosystems, and the climate.

Competitive Market

A market structure characterized by a large number of sellers and buyers where no single participant can significantly influence the price of goods or services.

Interest Rates

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.