Results from Longitudinal Studies of Moral Judgment Show Most Clearly

question 40

Multiple Choice

Results from longitudinal studies of moral judgment show most clearly that _______.

• A) moral development does not occur in the clear stages that Kohlberg describes
• B) children and adolescents shift from one stage of moral reasoning to another, following the sequence described by Kohlberg
• C) average scores on moral development reasoning move upward in stages, but individuals move up and down quite frequently
• D) stage-like development of moral reasoning occurs only among children and adolescents growing up in Western cultures

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Definitions:

Flotation Cost

The total costs associated with issuing new securities, including fees, taxes and underwriting expenses, which are incurred by companies when they raise new capital.

Public Offering Price

The price at which a company's shares are made available for sale to the public when it goes public.

Net Proceeds

The amount of money received from a transaction after deducting all associated costs and expenses.

Spread

The difference between two prices, rates, or yields, often referring to the bid-ask spread in securities.