The Ultimate Goal of Altruism Is to ______________,And the Ultimate

question 133

Multiple Choice

The ultimate goal of altruism is to ______________,and the ultimate goal of egoism is to ________________.

• A)contribute to another's welfare; contribute to one's own welfare.
• B)contribute to one's own welfare; contribute to one's own welfare.
• C)contribute to another's welfare; contribute to one's own welfare as well as another's welfare.
• D)contribute to the welfare of next of kin; contribute to one's own welfare.

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Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and, subsequently, eroding purchasing power.

Spot Rate

The current market price at which a particular currency can be bought or sold for immediate delivery.

Relative PPP

Relative Purchasing Power Parity, a theory which states that exchange rates between currencies change to compensate for inflation rate differences among countries.

Inflation

How quickly the average cost of goods and services goes up, resulting in reduced purchasing capacity.