Ethics is the branch of philosophy that explores the nature
of moral virtue and evaluates human actions. Philosophical ethics differs from
legal, religious, cultural and personal approaches to ethics by seeking to
conduct the study of morality through a rational, secular outlook that is
grounded in notions of human happiness or well-being. A major advantage of a
philosophical approach to ethics is that it avoids the authoritarian basis of
law and religion as well as the subjectivity, arbitrariness and irrationality
that may characterize cultural or totally personal moral views. (Although some
thinkers differentiate between "ethics," "morals,"
"ethical" and "moral,")
Increase in price leads to a decrease in supply.
Taylor's rule puts double weight on closing the unemployment gap in comparison to the inflation gap.
<h3>What is inflation?</h3>
Inflation is the scenario where the price of goods or services is increased in such a way that results in decreasing the purchasing power of people.
The focus of Taylor's principle is to close the gap in unemployment by much double weight in contrast with the gap in inflation. It wants that the unemployment gap should be twice the inflation gap at the time of closing.
Therefore, the twice weight should be put up on unemployment as suggested by the rule of Taylor.
Learn more about Taylor in the related link:
brainly.com/question/461247
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Answer:
Option (D) Participative Leadership
Explanation:
Because Participative leadership is a managerial style that invites input from employees on all or most company decisions. The staff is given pertinent information regarding company issues, and a majority vote determines the course of action the company will take.
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