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salantis [7]
4 years ago
13

According to John Rawls, those in the original position must choose the principles of justice in ignorance of all of the followi

ng except but a. their socio-economic position. b. their individual conceptions of the good. c. their sense of justice. d. their individual allotment of natural assets and abilities.
Business
1 answer:
Colt1911 [192]4 years ago
5 0

Answer:

According to John Rawls, those in the original position must choose the principles of justice in ignorance of all of the following except but:

b. their individual conceptions of the good.

Society may launch projects that require giving some persons more power, income, status, etc. than others, to make life better off for the people who are now worst off, by raising the living standards of everyone in the community and empowering the least advantaged persons to the extent consistent with their well-being,  separately from their indiviadual conceptions of good, but for ethical theories.

Explanation:

According to Rawls, self-interested rational people behind the veil of ignorance would choose two general principles of justice to structure society in the real world:

a. Their socio-economic position:

Difference Principle: Social and economic inequalities should be arranged so that they are both, to the greatest benefit of the least advantaged persons, and attached to offices and positions open to all under conditions of equality of opportunity.

c. Their sense of justice:

Principle of Equal Liberty: Each person has an equal right to the most extensive liberties compatible with similar liberties for all, since it distributes extensive liberties equally to all persons. It is also quite egalitarian, since it distributes opportunities to be considered for offices and positions in an equal manner.

d. Their individual allotment of natural assets and abilities:

It is not egalitarian but makes benefit for some (those with greater talents, training, etc.) proportionate to their contribution toward benefiting the least advantaged persons.

 

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Studies indicate that married men on average earn more income than unmarried men of the same age and education level. Why must w
icang [17]

Answer:

all of the answers provided are correct

Explanation:

The causation fallacy refers to when a cause is incorrectly identified for a specific effect in a research study. That being said, all of the answers provided are correct. There is no clear indication or proof in this study that shows that "marriage" is the sole factor that causes the difference in pay between the men in question. There can be many other factors in play such as social connections, economic backgrounds, geographic locations, field of work, etc.

7 0
3 years ago
Note whether the following phenomena would be consistent with or a violation of the efficient market hypothesis.
denis-greek [22]

Answer:

D) Stock prices of companies that announce increased earning in January tend to outperform the market in February.    

Explanation:

The above is consistent with the Efficient Market Hypothesis. All others are a direct contravention.

<em>The efficient market hypothesis (EMH), also known as the efficient market theory, is a hypothesis that states that the prices of shares contain all information and that consistent alpha generation is impossible.</em>

According to the hypothesis, stocks always trade at their fair value on exchanges, making it impossible for investors to purchase undervalued stocks or sell stocks for inflated prices.

This means that it should not be possible to outperform the overall market through professional stock selection or market timing.

The only way according to EMH that an investor can obtain better returns is by purchasing riskier investments.  

By implication, this also means that it is not possible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information.  

You would note that in the option D, earning (which is a key driver for demand of stock) is announced in one month. The natural reaction would be for the demand for that stock to surge in the next month.

4 0
4 years ago
Rebel Records announces it is cutting the prices of its bluegrass album titles by 25 percent. If Rebel is seeking to increase re
Ede4ka [16]

Answer:

elastic.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

If demand is elastic and price is decreased, quantity demanded would increase. The increase in quantity demanded would be greater than the decrease in demand and this would lead to an increase in revenue.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases  

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

8 0
3 years ago
USA bank has an average balance of transactions accounts, August 10 to 23, of $824.46 million. The average balance in the cash a
oee [108]

Answer:

Explanation:

minimum reserve = 491.226

Reserve held through 21 days = 37 x 12 = 444

To be held last two days = 47.226

check the picture attached for more explanation to the problem

7 0
3 years ago
Which category of cost includes insurance and utilities
Nata [24]

Answer:

Administrative Cost

Explanation:

Administrative cost refers to the cost used in directing and controlling a firm, corporation or organisation. These cost includes salary and wages of employee, insurance, depreciation, postage, stationery, rent, etc.

It is sometimes refers to as general cost. It is used in the day to day running of the business, but not directly attributable to any production process. These cost can not be categorized as either financing or distribution cost. Hence, it falls under administrative cost.

8 0
3 years ago
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