Assume You Are Taking an Exam and You Clearly See

question 78

Multiple Choice

Assume you are taking an exam and you clearly see that your friend is cheating. Your professor does not notice it. What is the most appropriate action for you to take if you are an ethical person?

• A) You pretend not to notice it.
• B) You discuss the matter with your friend after the exam.
• C) You also cheat the exam because your friend does.
• D) Send a text message to your friend and tell them to stop cheating.

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Definitions:

Loanable Funds

The total quantity of funds available for borrowing in the financial markets, determined by savings and the willingness of individuals and institutions to lend.

Interest Rates

The cost of borrowing money or the return for lending money, typically expressed as a percentage of the principal amount per annum.

Loanable Funds

The sum of money available for borrowing in the financial markets, where interest rates adjust to match supply and demand.

Interest Rate

The proportion of a total amount of money levied for borrowing it, usually shown as an annual rate percentage.