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Under Utilitarian Ethics,if a Decision Maximizes Happiness in the Most

question 28

True/False

Under utilitarian ethics,if a decision maximizes happiness in the most people and minimizes pain,it is ethical.


Definitions:

Futures Price

The set price at which an asset will be bought or sold in the future as per the terms of a futures contract.

Arbitrage Profits

Profits earned with no risk by simultaneously buying and selling the same asset in different markets to exploit price discrepancies.

Spot Gold

The current market price at which gold can be bought or sold for immediate delivery.

Risk-free Rate

The hypothetical yield of a risk-free investment, commonly signified by the interest rate on government bonds.

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