Answer:
A) the law does not codify all ethical requirements.
Explanation:
Laws are meant to be generally and applicable to all individuals or organizations. It is absolutely impossible that laws could be made specifically for every single person, business, organization, and that it covers all their possible actions.
Imagine that there are over 32.5 million businesses in the US, that means that 32.5 million laws should be made. How many more laws regarding specific circumstances should there be?
Each company should try to have their own business ethics code, which should be followed specially by the upper management. It is a form of self-regulation, but it will all depend on the company to follow it.
A decrease in transfer payments has the same basic effect on aggregate demand as larger the marginal propensity to save.
<h3>What is aggregate demand?</h3>
Aggregate demand refers to the total amount of the money spent on the purchase of the commodity for the particular period of time. It includes the demand of the consumer goods, imports, and government spending.
When the change in the transfer payments, it affects the consumption level of the individual, which results in the shift in the aggregate demand of the product.
Therefore, it can be concluded that A reduction in transfer payments has the same basic effect on aggregate demand as an increase in the marginal propensity to save.
Learn more about aggregate demand here:
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A technical writer is a professional information communicator whose task is to transfer information between two or more parties.
A small enterprise is one with smaller number of employees. It has a maximum number of employees that is 250 persons. It's annual balance sheet is said to no exceed 43 million euro. Hope this answers the question. Have a nice day.
