Refer to the Following Figure When Answering the Following Questions

question 20

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 18.2: Government Outlays and Receipts as a Percentage
of GDP, 1947-2012
-Consider Figure 18.2. During which of the following periods did the federal government run a budget surplus?

• A) 1947-1949
• B) 1998-2002
• C) 1955-1958
• D) All of these answers are correct.
• E) None of these answers is correct.

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Definitions:

Social Order

A concept pertaining to the set of norms, rules, and structures that guide how individuals within a society behave to maintain stability and predictability.

Moral Philosophies

The systematic examination of how people should behave toward one another, the justification of moral judgments, and the search for a principled basis for morality.

Teleology

An ethical theory that posits the moral value of an action is determined by its outcome, or end result, rather than the action itself.

Deontology

A branch of ethics that judges the morality of actions based on rules, focusing on adherence to duties or obligations.