According to Peter Singer's Theory,we (The Affluent)ought to Give to the Needy

question 8

Multiple Choice

According to Peter Singer's theory,we (the affluent) ought to give to the needy until we reach the level of marginal utility-which means that in giving the appropriate amount,we would reduce ourselves to very near the material circumstances of:

• A)a middle-class American.
• B)a Bengali refugee.
• C)an immigrant from working-class Britain.
• D)the average citizen of the United Arab Emirates.

---

Definitions:

Risk Free Rate

The theoretical return on an investment with zero risk, often represented by government bonds or treasury bills of a stable country.

Standard Deviation

A statistical measurement that sheds light on the dispersion or spread of a set of numbers or data points around the mean value.

Diversifiable Risk

A type of investment risk that can be reduced or eliminated through portfolio diversification, as opposed to systemic risk which affects all investments.

Systematic Risk

The inherent risk that affects the entire market or a certain segment of the market, often influenced by factors like political, economic, and interest rate changes that cannot be mitigated through diversification.