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Define what ethics are in your own words.
Why should critical thinking be used to identify ethics?
Do you adhere to moral subjectivism or moral objectivism, and why?
It is well known by now that industrial production (consumer products and services) usually entails pollution of some sort and often hazardous production practices; yet this production continues.
A producer of outdoor clothing used a focus group to obtain information about the demand for fleece jackets with? built-in battery operated warming panels. What is the price? coefficient's standard error? What is the t-statistic?
What is the company -level production function. You are currently using three printing presses and five employees to print 100 sales manuals per hour.
$150,000 is deposited in a fund that pays 5% annual compound interest for 2 years, 3% annual compound interest for 2 years, and 4% annual compound interest for 2 years. If uniform annual withdrawals occur over the 6-year period, what will be the magn..
Suppose the Council of Economic Advisors (CEA) hired you as an Economist (Economic consultant). The head of the council tells that she believes the current unemployment rate of 9 % is too high.
Define the “natural rate of unemployment” and show that its two equations are equivalent. What are its causes and what is its significance for public policy? Define “structural unemployment” and explain its causes. Use a labor market diagram to show ..
A drug patent gives a pharmaceutical firm a monopoly. Draw and label the supply and demand curves for a drug. Then demonstrate how having a monopoly changes that equilibrium. How does this impact consumer surplus? What actions can the government take..
How many of the following four business cycle facts can be explained if the primary cause of business cycles is temporary changes in total factor productivity: procyclical consumption, procyclical investment, procyclical employment, and procyclical r..
Suppose the residents of Toadhop live on the Quabache River which is a river prone to flooding. Suppose there are 1000 (type A) people who value flood control more than 1000 (type B) people. If the citizens of Toadhop do not work together, what is th..
q1. while we often associate informal financial arrangements with poorer countries where financial systems are less
Assume that the inflation rates in 2010, 2011, and 2012 were 1%, 2%, and 3% respectively. During the same periods, nominal interest rates were 5%, 5%, and 6%, respectively. What are the ex-post real interest rates in 2010, 2011, and 2012?
At Illustrate what value would the minimum wage have to be set so to the firm would make zero economic profit from employing an additional low-skilled worker to clear woodland.
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