Singer Argues That We Have a Duty to Contribute to Famine

question 76

True/False

Singer argues that we have a duty to contribute to famine relief; indeed, he argues that we are morally wrong to spend money on frivolous things, such as new cloths not to keep ourselves warm but to look fashionable, because that money is better used feeding the hungry.

---

Definitions:

Attributes

Characteristics or qualities that define or differentiate objects, individuals, or data points.

Discount Rate

The interest rate used to discount future cash flows to their present value, often used as a tool in investment and financial analysis.

IRR Function

Internal Rate of Return function; a financial formula used in capital budgeting to estimate the profitability of potential investments.

Spreadsheet

A digital document that allows users to organize, analyze, and store data in rows and columns.