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Describe or give example of a real-world dilemma where these six principles could be applied.
1. Understanding each dimension of the problem?
2. Who would benefit/suffer?
3. Alternative solutions legal/fair?
4. Your "gut feeling" level?
5. Defend your decision in public?
6. Did you consider and reconsider your responses to each question?
Zachary has opened a retirement account that will pay 5% interest each year; He plans to deposit 10% of his annual salary into the account for 39 years before he retires. His first year's salary is $52,000, and he expects the salary to grow 4% eac..
A topic that reflects one of the following: government regulation of environmental issues in the wake of disasters; government regulation of financial markets; government nationalization or partial-nationalization of a business often left to priva..
Illustrate what are your preconceptions of economics. Do you think economics will be a relatively difficult course.
Scorching heat and the worst drought in nearly a half-century are threatening to send food prices up, spooking consumers and leading to worries about global food costs. On Wednesday, the government said it expected the record-breaking.
Government play in affecting the supply also demand of a key commodity such as gasoline or electricity?
A new hybrid car manufacturer is trying to decide among making and buying its parts and components. it has complied the following data per vehicle produced:
Describe three ways we can use macroeconomic analysis, with one original example for each way
It is often suggested that the Bank of Canada try to reduce the inflation rate to zero. If we assume that velocity is constant, does this zero-inflation goal require that the rate of money growth equal zero.
When you are a manager for a MNC in a foreign country do you interfere with local customs such as mistreatment of women and use of 10 year old children as child labor, or do you respect the local customs and traditions
Suppose a new deposit to the US banking system of $1000. Assume that all commercial banks have a target reserve ratio of 10 percent and there is no cash drain.
The American Nursing Association (ANA) reports that there is a nursing shortage. Develop initiatives to move nurses through graduate studies more rapidly.
A nation has a lower inflation rate than all other nations, It has more rapid economic growth.
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