Which of the Following Headlines Would Be More Closely Related

question 223

Multiple Choice

Which of the following headlines would be more closely related to what macroeconomists study than what microeconomists study?

• A)Avocado prices rise due to a late frost in California.
• B)The United Auto Workers sign a contract raising wages and benefits 7% over the next 3 years.
• C)Real GDP grows by 2.3% in the second quarter.
• D)Airlines raise ticket prices in response to rising fuel costs.

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Definitions:

Autonomous Morality

The second stage of moral development in Piaget’s theory, displayed by older children (about 10 years of age and older). The child becomes aware that rules and laws are created by people and that, in judging an action, one should consider the actor’s intentions as well as the consequences.

Punishment

A consequence aimed at reducing a behavior, typically involving unpleasant or undesirable outcomes for the recipient.

Immanent Justice

The belief often held by children that moral wrongs will be immediately punished and virtues rewarded, regardless of human intervention.

Autonomous Moral Reasoning

Refers to the ability of individuals to make ethical decisions based on their own principles and understanding rather than external pressures.