Examlex
If the Fed sells a T-bill to an individual rather than to a commercial bank, how will this affect the money supply?
Refined Version
A version that has been improved or made clearer for better understanding or effectiveness.
Hedonistic Calculus
A method proposed by utilitarian philosophers for calculating the moral rightness of an action based on the net pain or pleasure it produces.
Elements
Fundamental components or essential parts that make up a larger system or concept.
Ethical Action
Behavior or conduct that is right, good, and beneficial to both the individual and society, based on ethical principles.
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