An american manager in colombia routinely pays off the local drug lord to guarantee that his plant will not be bombed and that none of his employees will be kidnapped. the manager argues that such payments are ethically defensible because everyone is doing it in colombia in order to stay in business. the manager's argument exemplifies which of the following ethical approaches?
a. naive immoralist
b. kantian ethics
c. righteous moralist
d. noblesse oblige

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.