Answer:
The correct answer is: overstate
Explanation:
The substitution bias in economic index numbers appears when the possibility of a consumer to change the consumption of a good - that has become more expensive relative to others - for a cheaper one, is ignored. Thus, looking at the CPI (Consumer Price Index), as an indicator of how much the consumer cost of living has raised over time, without eliminating the substitution bias, can over-estimate this inflation effect.
A good decision with ethical implications can increase our reputation. Hence, the relevant option will be option (c).
<h3>Give a brief account on ethics.</h3>
A subfield of philosophy known as "ethics" or "moral philosophy" aims to "systematize, defend, and recommend conceptions of right and bad action." Axiology is a discipline of philosophy that includes the fields of ethics and aesthetics, both of which deal with issues of value. Ethics seeks to address questions about human morality by defining terms like good and evil, right and wrong, virtue and vice, justice and crime, and other moral concepts. Moral philosophy is a branch of philosophy that has connections to value theory, descriptive ethics, and moral psychology.
Today, it is accepted that there are three main fields of research in ethics:
- The study of meta-ethics, or the study of the theoretical significance and framework of moral claims and the methods by which their potential truth values can be assessed;
- Normative ethics, which focuses on how to decide what is morally right to do in real-world situations;
- Applied ethics is the study of what a person is required (or allowed) to do in a certain circumstance or field of endeavor.
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Answer:
Voting is not fair for African Americans because some places won't let African Americans vote or they were aloud to vote but their votes were not counted.
Explanation:
Answer:
The correct answer would be Verbal Communication.
Explanation:
When someone is able to convey his message to the other person or group of persons, in a strong manner, with clear and unambiguous delivery of message, the person is said to have extra ordinary communication skills. There are different types of communications, like verbal, writing, gestures, facial, body, etc. The best way to communicate through the other person is through mouth. So verbal communication is considered to be the extensive communication skill among all others.
You have not described the alternatives, but as an economist I can help you!
The Federal Reserve is the body that decides the direction of US monetary policy. The economic decisions of the agency can be expansive, when they stimulate the economy, or restrictive, when they slow economic growth.
The two main tools the Federal Reserve has in conducting monetary policy are the<u> interest rate</u> and the <u>open market</u>.
We say that monetary policy is restrictive when the Federal Reserve increases the interest rate or sells government bonds (by decreasing the amount of money in circulation). These measures are taken to slow down the economy and prevent the inflationary process.
The opposite occurs when the Federal Reserve buys securities and / or lowers the interest rate, measures that occur to stimulate the economy when economic activity is stagnant.