Use the three criteria for ethical decision-making to analyze the issue. The three criteria are obligations, consequences, and moral issues. Please answer all parts and provide if this issue is ethical and unethical, and why/ why not it may/may not be ethical/unethical.

Scenario: A large grocery chain orders its personnel department to screen out all grocery clerk applicants who have a prison record, a history of alcohol/drug abuse or mental illness, or a problem with obesity. (ethics)

how 3M ramped up its production of N95 masks. Many organizations are pitching in in this fight, including newspapers offering great coverage, retailers coping with new forms of demand-supply changes, and of course the great healthcare providers. GM plans to make 30,000 ventilators. Reflect on 3M's response, including how it had developed 'surge capacity' well before this contagion. Will this be a new normal going forward?

Read chapters 7&8 of your textbook and respond to the following questions. Briefly discuss restricted view of human reason, incomplete understanding of knowledge acquisition and inadequate link between theory & practice as three criticisms of the rational model(P.170-176). What does the new public service draw its inspiration from? How do citizenship and community contribute to restoring democratic citizenship and establishing a new public service?(P.198-200)

What are the most important drivers (or factors) that motivate firms to engage in global sourcing? Identify and discuss at least four drivers?

You are a worker at a local McDonald Restaurant! How many hours you are willing to work at a local McDonald’s at various wage rates? Provide the answer with reasoning!

Discuss why computer science professors earn more than English professors, and what comparable worth would mean to each professor’s salary.

International Business

Question 2.

Define location economies and the value each delivers to a firm. An example is sourcing in low cost country and delivering thru a logistics network as compared to sourcing local and delivering using Omni Channel approaches. Think hub and spoke versus Amazon.

A monopolist can produce at a constant average and marginal cost of ATC = MC = $5. It faces a market demand curve given by Q = 53 - P.

5. Suppose there are N firms in the industry, all with the same constant MC = $5. Find the Cournot equilibrium. How much will each firm produce, what will be the market price, and how much profit will each firm earn? Also show that as N becomes large, the market price approaches the price that would prevail under perfect competition. (Hint: your answers will be functions of N)

1. In 1920, when Presidential candidate Warren G Harding called for "return to normalcy" he was advocating
increased support for Progressive Era programs and the League of Nations
increased farm production and an emphasis on the rural lifestyle
reduced international involvement and less government regulation of business
reduced racial segregation and the elimination of discrimination against women

2. After World War I, most Americans wanted the United States to follow a foreign policy of
remaining involved in overseas affairs
supporting the League of Nations
isolationism in world affairs
using United States forces to maintain peace in Europe

3. The League of Nations, the Washington Naval Conference, and the Kellogg-Briand Pact were designed to keep
peace in the Northern Hemisphere. Why did these agreements fail to prevent World War II?
Independence movements in developing countries were too strong to be stopped
The United States was not a participant in any of the agreements
The agreements lacked enforcement powers
The United States was too involved in military rearmament

4. After World War I, the United States demonstrated its return to a policy of isolationism by
lowering tariffs on imports
refusing to sign the Treaty of Versailles
promoting the Marshall Plan
liberalizing immigration policies

5. After World War I, why did American farmers fail to share in the general economic growth of the United States?
Many immigrants were settling in the west and competing with the farmers
The Federal Government reduced the number of acres in which farmers could grow subsidized crops
Farmers could not produce enough to keep up demand
Overproduction and competition caused falling prices

6. Which action best demonstrated the United States effort to isolate itself from European conflicts after World War I
lowering tariffs
attempting to improve relations with Asia
failing to sign international disarmament agreements
refusing to join the League of Nations

7. One motivation for the passage of the immigration quota acts of 1921 and 1924 was
congressional support for free, unlimited immigration
the industrialists need for workers from southern and eastern Europe
the prevailing mood of welcome to foreign ideas
a recurrence of nativist attitudes following World War I

8. During the 1920s, the prevailing view of the governments' role in the United States economy was that the government
should
control the means of production
promote the welfare state
play a major role through regulatory action
interfere as little as possible

9. Which characteristic of the 1920s is best illustrated by the Red Scare, the trial of Sacco and Vanzetti, and the activities of the Ku Klux Klan
increased nativism
belief in unlimited progress
growth in humanitarian causes
faith in big business

10. The economic boom and the financial speculation, of the 1920s, were caused in part by
installment buying and an unregulated stock market
the expansion of civil rights to women and minorities
the mobilization of the economy for war
increased government restrictions on big business

2. Consider a Keynesian model of the economy with the following equations:

C = 300 + 0.7Yd

Transfer payments = 500

T = 0.1Y

I = 300

G = 400

X = 150

M = 0.2Y

(a) Calculate the equilibrium income level.

(b) Government spending on goods and services increases by 50. Calculate the new equilibrium level of income. (1 mark)

(c) If potential GDP is 2,750 what is the size of the output gap between potential and actual GDP (derived from (a) above)? How much should public spending have been increased by in order to have fully closed the output gap?

(d) In the short-run Keynesian model of income determination what is the cause of the output gap, and what are the possible macro solutions?

In Canada, what are the challenges facing government policymakers in dealing with natural monopolies?

What are the governments possible solutions for natural monopoly? List 3 possible examples and explain

How would you compare the diversification of economy and labor force skill set in Botswana, Venezuela and Chile?

US corn production is used primarily to feed cattle and hogs to produce meat for human consumption and to produce biofuels. Suppose the demand for corn as livestock feed is given by: Qfeed=24.5-4P ,where quantities are in billions of bushels and the price, P, is in dollars. The US government mandates that a fixed percentage of US gasoline be blended with ethanol-based biofuel.

Assume this mandate fixes the total quantity of corn used for domestic fuel production at 10.5 m. bushels per year. Assume the U.S. supply of corn is given as Qs=3P

Suppose the government decides to eliminate the biofuels mandate. The demand for corn by ethanol producers is given as, Qfuel=12-10P (in the absence of any mandate).
(c) Derive the producer surplus in the US corn market with and without the mandate. Are producers better or worse off under the biofuels mandate?
(d) In your opinion, is the biofuels mandate a regressive or progressive policy? Explain your answer.

What kind of forward and backward linkages would each of the following publicly funded program might have? Comment on the number, strength, and intrinsic profitability of the linkages. Do you recommend that this initiative should be funded by the government or should it be left to the private sector?

a. Construction of a big hospital in a rural area where is no such hospital for 200 miles.

b. Creation of a large public park that from purchasing private agricultural property from private landowners.

c. Discovery and development of large deposits of natural gas

What is meant by a direct signal and an indirect signal. Below is the answer I provided. Can you confirm if this answer should be changed to an indirect signal. And if yes, can you provide an example for an direct signal?  

A direct signal is a macro indicator that signals directly what is being measured, An example of a direct signal is if a bank closes $8,300,000 loans in February and $8,500,00 loans in March. In February the average 30 year fixed rate for a mortgage was 3.64%. In March, the average fixed rate was 3.38%. This decrease can be contributed to the decrease in the Fed Funds rate by The Federal Reserve Bank. In February the rate was 1.58% and in March the rate was .65%. The fed funds rate is the interest rate that banks use to borrower from each other for short term loans. As a result, this is affects the mortgage interest rates charged by banks.