Many Economists Argue That There Are Ethical Ideas Behind Economic

question 152

Multiple Choice

Many economists argue that there are ethical ideas behind economic reasoning because:

• A) economic reasoning does not second-guess people's preferences, and by extension respects people's choices.
• B) economic reasoning is normative in nature.
• C) economists include a value for welfare in all economic calculations.
• D) economic markets only support those exchanges that are considered fair and equal.

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Definitions:

Bond Selling For

Bond Selling For indicates the current market price at which a bond is being traded, which can be at a discount, at par, or at a premium relative to its face value.

Coupon

A payment to the holder of a bond made periodically until the bond matures, typically representing interest on the bond.

Annually

Refers to events or phenomena that occur once every year.

Maple Bonds

Bonds issued in Canadian dollars by foreign companies in the Canadian market, allowing investors to invest in foreign entities while avoiding currency risk.