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Both the Tuskegee study and the Willowbrook study produced research data that was beneficial to advancing medical science. Is the use of the data from these and other such experiments ethically defensible? Why or Why Not? In composing your response, include the justifications for your position using the ethical theories we have studied in Module 1 - 3.
Joe was diagnosed as having advanced brain cancer and the doctors believed that he had only a few days to live. He told Susan, his girlfriend, that he wanted her to have his car when he died. Susan immediately took possession of the car. As it turns ..
Market failure occurs in natural monopolies because
Why does the Federal Reserve expand and contract the money supply? What are the four ways the Federal Reserve accomplish this task? How do each of the methods accomplish the intentions of the Fed? Which method(s) is most important/desirable? Which me..
Discuss the incentives for school principals (who are the agents, in this case) under this scheme and how you might improve them.
Stay with scenario in Q1. How many minority workers do discriminating firms hire? Supply an integer answer.
What do you think is going to happen when the economy is growing, businesses are trying to expand, and unemployment is approaching zero?
What are the goals/objectives of judges (what do they maximize)? Filing fees: for the marginal case, the one that may or may not be filed the filing cost should equalt what?
The number of land lines for tellephones is rapidly declining as more and more people use smartphones. Using the markets for land lines and smartphones, illustrate these changes. What is causing them?
Suppose that Charles, an economist from an AM talk radio program, and Dina, an economist from a university in Massachusetts, are arguing over government intervention. The following dialogue shows an excerpt from their debate:
What is his budget constraint in terms of Consumption and Hours Worked. Draw his budget constraint on diagram. Now draw several indifference curves and indicate utility maximizing level of Hours worked and Consumption.
Why is fiscal policy slow to affect economic growth? Why does monetary work so much quicker to boost the economy than fiscal policy? Why does fiscal policy often contradict monetary policy and often hinders economic growth during recessionary periods..
This suggests that this product is a complimentary good. This suggests that this product is a substitute good. This product has a an elastic demand curve. This product has an inelastic demand curve.
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