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Explain the Ethical Dissonance Model and What a High Ethics

question 7

Essay

Explain the ethical dissonance model and what a high ethics individual should look for in finding an ethical employer.


Definitions:

Net Capital Outflow

The distinction in investment behaviors where local residents invest in foreign properties versus foreigners investing in local properties.

Open-Economy Macroeconomic Model

A model that analyzes an economy that engages in international exchange of goods, services, and capital.

Loanable Funds

The market where savers supply funds for loans to borrowers, typically reflected by interest rates.

Real Interest Rate

The interest rate adjusted for inflation, reflecting the real cost of borrowing and the true return on savings.

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