Which of the Following Best Describes the Difference Between Perfect

question 40

Multiple Choice

Which of the following best describes the difference between perfect and imperfect obligations?

• A) A perfect obligation is about what you owe to specific people, whereas an imperfect obligation is about what you owe to everyone.
• B) A perfect obligation applies to everyone, whereas an imperfect obligation applies only to people who have made a mistake.
• C) A perfect obligation is one that must be fulfilled in every relevant case, whereas an imperfect obligation only needs to be fulfilled sometimes.
• D) A perfect obligation is an obligation not to harm someone, whereas an imperfect obligation is an obligation to help others.

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Definitions:

Price Level

The standard price level for a wide array of goods and services in the economic sector, averaged out.

Dollar Appreciate

The increase in the value of the U.S. dollar relative to other currencies.

Dollar Depreciate

A decline in the value of the US dollar relative to other currencies, leading to decreased purchasing power internationally.

Currency Devaluations

The reduction in value of a country's currency with respect to foreign currencies.