Garrett Hardin Uses the Lifeboat Metaphor to Suggest That

question 9

Multiple Choice

Garrett Hardin uses the lifeboat metaphor to suggest that:

• A)affluent countries,like lifeboats,are inherently unstable.
• B)the moral duty of affluent countries is to give aid to the starving,overpopulated ones.
• C)the affluent countries have no moral duty to give aid to the starving,overpopulated ones.
• D)giving aid to the poor and hungry will cause a worldwide revolt against the rich and influential.

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Definitions:

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, often with set dividend payments.

Common Shares Outstanding

The total number of shares of common stock currently held by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.