"Near Monies" Are

question 43

Multiple Choice

"Near monies" are:

• A)included in the M1 definition of the money supply.
• B)highly liquid assets that are close substitutes for money.
• C)stocks, bonds, and real estate.
• D)U.S. notes and Federal Reserve notes.
• E)all of the above.

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Definitions:

Act Utilitarianism

A theory of ethics which requires that individuals examine all the potential actions in each situation and choose the action that yields the greatest amount of pleasure over pain for all involved.

Ethical Theory

A system of principles designed to guide decision-making by determining what is morally right and wrong.

Deception

The act of misleading or tricking someone, often involving misrepresentation or withholding of the truth.

Absolute Obligation

A legal binding commitment that must be fulfilled under all circumstances, without excuses or conditions.