In the Absence of Ethics Programs,employees Are Likely to Make

question 16

Multiple Choice

In the absence of ethics programs,employees are likely to make decisions based on

• A)their observations of how their coworkers and superiors behave.
• B)how they and their family members behave at home.
• C)their conscience.
• D)their religious values.
• E)their family values.

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Definitions:

Total Savings

The aggregate amount saved by individuals, businesses, and the government, often measured over a specific time period.

Capital Formation

The process of building up the stock of physical and financial assets in an economy, often through investment in productive assets.

Autonomous Consumption

The level of consumption that occurs when income is zero; it represents the expenditures that consumers must make even when they have no income.

Induced Consumption

Consumer spending that increases when income increases, and decreases when income decreases, reflecting behavioral responses to changes in income.