Which of the Following Statements Best Defines an Altruistic Act

question 86

Multiple Choice

Which of the following statements best defines an altruistic act?

• A)benefits the performer and another individual
• B)benefits another individual at some cost to the performer
• C)benefits another,related individual at some cost to the performer
• D)imposes a cost on the performer and another individual
• E)imposes a cost on the performer without benefiting another individual

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Definitions:

Face Value

The nominal value or dollar value of a security stated by the issuer.

Quoted

Mentioned or referred to as evidence for justification of an action, decision, or system.

Nominal Discount Rate

The discount rate before adjusting for inflation, reflecting the interest rate that a bank or lender specifies.

Inflation Rate

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