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In which circumstances may it be defensible for a researcher to deceive his or her subjects? If deception is defensible,what must a researcher do over the course of research to maintain ethical standards? Discuss in some detail the issues of deception during the Stanford Prison Experiment.
Coincidence of Wants
A situation in a barter system where two parties each hold an item the other wants, enabling a direct exchange without money.
Medium of Exchange
A mediating tool or mechanism that assists in the buying, selling, or exchanging of items among individuals.
Exchange of Currencies
The act of trading one country's currency for another, facilitating international trade and investment through the foreign exchange market.
Division of Labor
The breakdown of production processes into distinct tasks, with different workers specializing in each task to increase efficiency and productivity.
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