Which of the following disagrees with the concept of centrally planned economies?
A) At the time of their collapse, standards of living in most centrally planned economies were at or above those of market economies.
B) Basic necessities were often not provided to citizens in centrally planned economies.
C) Underground economies for goods and services thrived in most centrally planned economies.
D) Prices on the black market were much higher than the official prices set by governments.
Question 2
Which of the following is true with regard to the rights approach?
A) It is based on the belief that the best action treats everyone equally and fairly.
B) It produces the greatest balance of good over harm to customers, employees, shareholders, the community, and the natural environment.
C) According to the rights approach, the most important virtues are truth and prudence.
D) It is based on the belief that, regardless of how you deal with an ethical dilemma, human dignity must be preserved.
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