Suppose Jason Takes $150 He Had in His Wallet and Deposits

question 124

Multiple Choice

Suppose Jason takes $150 he had in his wallet and deposits it into his checking account.The immediate result of this transaction is that M1

• A)Increases by $150 and M2 remains the same.
• B)Decreases by $150 and M2 remains the same.
• C)And M2 do not change.
• D)Remains the same and M2 increases by $150.

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Definitions:

Lying to Customers

The unethical practice of deliberately providing false information to customers about products or services.

Ethical Behavior

Behavior demonstrating a willingness to treat others fairly and that shows one to be honest and trustworthy and that exhibits loyalty to company, associates, and the work for which one is responsible.

Treating Others Fairly

The act of interacting and making decisions in a way that is just, unbiased, and equitable towards all individuals.

Ethical Dilemma

A situation in which a person must choose between conflicting moral principles, making a decision that could have ethical ramifications.