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With regard to each of the following cases, answer several questions. First, what is the moral dilemma (or dilemmas)? In stating the dilemma, make explicit the competing moral reasons involved-for example, rights, responsibilities, duties, good consequences, or admirable features of character (virtues). Second, are there any concepts (ideas) involved in dealing with the moral issues that it would be useful to clarify? Third, what factual inquiries do you think might be needed in making a reliable judgment about the case? Fourth, what are the options you see available for solving the dilemma? Fifth, which of these options is required (obligatory, all things considered) or permissible (all right)?
An aerospace engineer is volunteering as a mentor for a high school team competing in a national contest to build a robot that straightens boxes. The plan was to help the students on weekends for at most 8 to 10 hours. As the national competition nears, the robot's motor overheats and the engine burns out. He wants to help the dispirited students, and believes his mentoring commitment requires he do more. But doing so would involve additional evening work that could potentially harm his work, if not his family.
You earn $3,000 from a part-time job. You have a choice between spending the money now or putting it away in a bank account that pays 5 percent interest per annum. What is the opportunity cost of spending the $3,000 now?
First, discuss what is meant by the "natural real interest rate". Second, explain what effect each of the following will have on the natural real interest rate: (1) a reduction in government spending; (2) an increase in the nominal money supply.
If a monopolistic firm (price searcher) can sell 9 units at a price of $100 each but must reduce its price to $80 in order to sell 10 units, then Demand is inelastic and marginal revenue is negative. Marginal revenue is falling but is above price
The annual percentage returns on common stocks over a 7-year period were as follows: Compare the means of these two population distributions. Compare the standard deviations of these two population distributions.
When networks are important the “best” products usually win. Network goods are usually sold by monopolies or oligopolies. Standard wars are common in establishing network goods.
Why was the Teamsters Union so opposed to allowing Mexican truckers to deliver their goods in the United States.
Frank was willing to contribute $40 this year to his local public television station. However, after learning that the television station had already met its goal of raising $400,000, he decided not to contribute because he knew he could watch public..
What are some of the unintended consequences of efforts to regulate the illicit global economy? How can states more effectively reduce the negative consequences of black markets?
The purpose of the federal reserve is to
In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances, Illustrate what were the economic incentives for producers.
The long-run total cost function for a firm producing skateboards is. Calculate the marginal cost function. What is marginal cost at the output level in part b?
Calculate the percentage change in nominal GDP, real GDP also the GDP deflator in 2002 also 2003 from the preceding year.
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