What Is One Key Difference Between Altruism and Cooperation

question 500

Multiple Choice

What is one key difference between altruism and cooperation?

• A)The term altruism can only apply to genetically related individuals (i.e.family members).
• B)Altruism involves gaining some advantage for both parties involved, whereas cooperation is associated with a cost for one party.
• C)Cooperation involves gaining some advantage for both parties involved, whereas altruism is associated with a cost for one party.
• D)The term cooperation can only apply to members of the same species, whereas this restriction does not apply to altruism.
• E)The term altruism can only apply to members of the same species, whereas this restriction does not apply to cooperation.

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Loans

Money borrowed that is expected to be paid back with interest.

Open Market

An economic system with few barriers to free market activity where prices for goods and services are determined by supply and demand.

Excess Reserves

Excess funds maintained by a bank or financial institution above the minimum levels mandated by regulatory authorities, creditors, or the institution's internal regulations.

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Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.