91) Suppose a firm pollutes a river when it produces a product. To achieve the efficient amount of output, a government could impose a ________ that equals the ________ of the pollution. A) pollution charge; marginal social cost B) pollution charge; marginal external cost C) pollution tax; marginal social cost D) pollution tax; marginal external cost E) pollution subsidy; marginal social cost 92) […]
31) Which of the following are devices that the government uses to achieve a more efficient allocation of resources in the presence of external benefits? A) taxes, private subsidies, and regulation B) public provision, taxes, and private subsidies C) regulations, public provision, and vouchers D) vouchers, public provision, and private subsidies E) public provision, taxes, and vouchers 32) The government can overcome the inefficiency […]
61.Ifmorepeoplethinkacorporation’sstockisovervaluedthanthinkitisundervaluedthenthereisa a.surplus,soitspricewillrise. b.surplus, soitspricewillfall. c.shortage,soitspricewillrise. d.shortage,soitspricewillfall. 62.Accordingtotheefficientmarkethypothesis a.changesinthepricesofstocksarepredictable.Evidenceshowsthatmanagedfundstypicallydobetterthanindexedfunds. b.changesinthepricesofstocksarepredictable.Evidenceshowsthatindexedfundstypicallydobetterthanmanagedfunds. c.changesinthepricesofstocksarenotpredictable.Evidenceshowsthatmanagedfundstypicallydobetterthanindexedfunds. d.changesinthepricesofstocksarenotpredictable.Evidenceshowsthatindexedfundstypicallydobetterthanmanagedfunds. 63.Duringafinancialcrisisthepossibilityofbankfailuresrose.Anincreaseinthelikelihoodofabankfailingshiftsdemandforitsstock a.right,sothepricerises. b.right,sothepricefalls. c.left,sothepricerises. d.left,sothepricefalls. 64.Afterthe1982recession,theU.S.andworldeconomiesenteredintoalongperiod a.ofhighunemploymentrates. b.highinflationrates. c.thathasbecomeknownasthe“GreatModeration.” d.thathasbecomeknownasthe“GreatRecession.” 65.WritingintheWallStreetJournalin2009,economistJeremySiegelarguedthat,intheyearsleadinguptothefinancialcrisisof2008–2009, a.financialfirmsactedintooriskyafashion. b.theFederalReserve’seffortstoreinintheriskybehaviorofcertainfinancialfirmswereinadequate. c.fallinghouseprices“crashedthebanksandtheeconomy.” d.Alloftheabovearecorrect. 66.WritinginTheWallStreetJournalin2009,economistJeremySiegelpointedoutthattheefficientmarketshypothesis a.wasresponsibleforthefinancialcrisisof2008-2009. b.wasresponsiblefortheGreatDepressionofthe1930s. c.claimsthatpricesobservedinfinancialmarketsarealways“right.” d.claimsthatpricesobservedinfinancialmarketsaremostly“wrong.” 67.Noparticularstockisabetterbuythananyotherstockif a.stockpricesaredrivenbyinvestors’“animalspirits.” b.therandom-walktheoryofstockpricesisincorrect. c.theefficientmarketshypothesisiscorrect. d.activelymanagedmutualfundsalwaysoutperformindexfunds. 68.RondecideswhichstockstopurchasebythrowingdartsatthestockpagesofTheWallStreetJournal.Ronprobablybelievesthat a.stockpricesfollowarandomwalk. b.thestockmarketisinformationallyefficient. c.itisbettertoownstockin20companiesthanitistoownstockin2companies. d.Alloftheabovearecorrect. 69.Fundamentalanalysisshowsthatstockin“NightandDay”fitnesscentershasapricebelowitspresentvalue. a.Thisstockisundervalued;youshouldconsideraddingittoyourportfolio. b.Thisstockisundervalued;youshouldn’tconsideraddingittoyourportfolio. c.Thisstockisovervalued;youshouldconsideraddingittoyourportfolio. d.Thisstockisovervalued;youshouldn’tconsideraddingittoyourportfolio. 70.Aftermuchanticipationacompanyreleasesanewsmartphone.Thesmartphonedoesn’tworkaswellasexpectedandlacksmanyofthefeaturesbuyershadbeenexpecting.Theunexpectedlynegativereactiontothesmartphonewould a.raisethepresentvalueandthepriceofthecorporation’sstock. b.raisethepresentvalueandreducethepriceofthecorporation’sstock. c.reducethepresentvalueandthepriceofthecorporation’sstock. d.reducethepresentvalueandraisethepriceofthecorporation’sstock.
31) The expected inflation rate is the inflation rate that people forecast and use to help set A) the money wage rate. B) the real wage rate. C) the natural rate of unemployment. D) real GDP. E) the price level. 32) At full employment, the expected inflation rate is A) equal to the inflation rate. B) higher than the inflation rate. C) lower than […]
8.1 Basic Facts About Financial Structure Throughout the World 1) American businesses get their external funds primarily from A) bank loans. B) bonds and commercial paper issues. C) stock issues. D) loans from nonbank financial intermediaries. 2) Of the sources of external funds for nonfinancial businesses in the United States, loans from banks and other financial intermediaries account for approximately ________ of the […]
61) Which of the following is NOT a typical component of a company’s value chain? A) competitors B) suppliers C) customers D) intermediaries 62) Which of the following actions of a sugar manufacturing company is an extension of its value chain? A) The company intensifies its marketing activities. B) The company buys a large sugar cane plantation in Cuba. C) The company […]
41) Demand for a product tends to be more elastic the longer the time period considered because A) sellers have more time to expand production. B) buyers have more time to search for substitutes. C) price increases over time make the price larger relative to buyers’ incomes. D) the inverse relationship between the price and the quantity demanded weakens over time. E) buyers […]
81) Which of the following layers in the OSI model facilitates the functioning of programs such as Skype and BitTorrent? A) application layer B) transport layer C) session layer D) presentation layer 82) Which of the following is the main benefit offered by IPv6 compared to the current protocol? A) It supports a greater number of IP addresses. B) It provides better […]
81) The Patient Protection and Affordable Care Act (ACA) is scheduled ________, at which point more than 30 million additional individuals are expected to have health care coverage. A) to be phased in over the next 20 years B) to be fully implemented by 2019 C) to be phased out by 2015 D) to be completely in place by 2012 82) Some […]
21) If real GDP grows at a faster rate than does population, then the standard of living, as measured by real GDP per person, A) improves. B) worsens. C) remains the same. D) cannot be measured. E) either improves, worsens, or stays the same, depending on the size of the population and the actual level of real GDP. 22) The population in the current […]
Required Resources
Read/review the following resources for this activity:
Initial Post Instructions
In week three, we were looking at rights ethics with regards to Locke. As a reminder, Locke said we have inalienable rights to life, liberty, and property. It is immoral to violate them. Many think we have more rights than those listed by Locke. Some even think we have a right to health care. That means it is the duty of the state to provide each citizen with their medical needs.
Rights theory says to respect the entitlements we have. If a right is inalienable, it cannot truly be violated ethically even with our consent. We have basic needs. Rights are something beyond needs. They are what we should be authorized to have. We are due what we have a right to. That is not always the case with need. For example, we need food, but people often go hungry. A need refers to something we need physically to exist. A right is a moral entitlement to something. Asking if we have a right to food is a moral question. Needs are determined by the requirements of the body and of material existence. Rights are determined by moral reflection, inquiry, an argument We have a right to own property. We do not need it to live. We could imaginably be allowed to use another's. We have a right to own a home. We can rent.
Initial Post Instructions
For the initial post, respond to one of the following options, and label the beginning of your post indicating either Option 1 or Option 2:
Option 1: Assess the moral solutions arrived at through "care" (care-based ethics) and "rights" ethics to social issues of ethical import such as poverty, drug use, and/or lack of health care,
That is, note any ethical problems that arise related to those particular issues. Then, say how both care-based and rights theory of ethics would solve those problems.
Are those solutions correct? Why or why not?
What is your own approach there?
Option 2: What moral guidelines should we use when it comes to recently introduced healthcare technologies of any kind (you will note and engage with your own examples) and social technologies of any kind (you will note and engage with your own examples)?
Involve care-based ethics in your answer
Follow-Up Post Instructions
Respond to at least one peer. If possible, respond to one peer who chose an option different than the one you chose. Further the dialogue by providing more information and clarification. Make sure that you add additional information and not repeat the same information already posted on the discussion board as you further the dialogue.
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