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While working on an IT project, you learn that a particular department plans to reduce its staff by 50%. The manager of this department has asked the project team to keep this information secret until the plans are finalized. A good friend of yours works in this department and has asked you whether you heard of any news concerning the future of the department. This would be an example of which of the following ethical dilemmas?
Price Inelasticity
A situation in which the demand for a good or service is not significantly affected by changes in price.
Income Effect
The relationship between income fluctuations in an individual’s or economic environment’s finances and its influence on the quantity of goods or services demanded.
U.S. GDP
The total market value of all final goods and services produced within the United States during a specific time period.
Farm Outputs
The total variety and quantity of goods produced by farming activities, including crops, livestock, and other agricultural products.
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