The ______________ suggests that no matter the balance between markets and
government, one element is still lackingthe need for a robust sense of ethics and
responsibility in business and economic life.
a. invisible hand model
b. law and regulation model
c. professional ethics model
d. incentive-compatible institutional design
Question 2
Nonconsequentialist ethical theory is
a. a whole class of theories that identify ethical reasons for action apart from
weighing the consequences of a choice.
b. about likely consequences that would result from a choice
c. about constraints or principles that apply prior to making the choice,
independent from assessing the consequences of that choice
d. the view that people ought to do whatever is in their self-interests.
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