Answer:
The correct answer is letter "D": ethics.
Explanation:
Corporate ethical behavior refers to the good practices and values a company has that lead them to act according to what is conceived as correct. Most companies summarize their ethical guidelines in a <em>Code of Ethics</em> that represents the handbook of the behavior the company pursues to perform and expects from employees.
Thus, <em>the company commercializing new drugs without the approval of the Food and Drug Administration (FDA) has taken a mistaken ethical decision since the firm is prioritizing the recovery of the funds invested in Research and Development (R&D) instead of securing patients' health.</em>
Public Debt is the total accumulation of past budget deficits less surpluses.
Answer: decrease in government purchases and an increase in tax.
Explanation:
Fiscal policy is the use of government expenditure and taxation to control economic activities. Contractionary fiscal policy is a type of fiscal policy that has to do with the increase in taxes and decrease in government expenditures Contractionary fiscal policy is used when there is too much money in circulation or to fight inflationary pressures.
Because of the increase in taxes, households and firms will have less money to spend. Lower disposal income will help in reducing consumption.
Also, government reduction of expenditure is also a good Contractionary fiscal policy method. Decrease in spending by the government will reduce money supply in the economy and consumption will be reduced too.
The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called the indenture.
The indenture in the document, in which the bond contract terms are described. The bond trustee is empowered and has a fiduciary duty to protect the interests of bondholders in this agreement.
This documents contains the bond covenants and all the bond features. The covenants are restrictions and requirements that the issuer must follow. The features describe the bond issue itself. If the issuer defaults on any of the provisions in the indenture, the trustee can take action.
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