1) Hypothesize, test, cause and effect relationship

Which isn't a hypothesis for the dramatic increase in world population?

(a) The invention of antibiotics

(b) Increased life expectancy

(c) The invention of the printing press

2) Which of the following isn't an important Macroeconomic or Political area that allows a society to progress

(a) Productive advances in agriculture

(b) Free Market Economic Systems

(c) Availability of knowledge

(d) Maintaining Power over society

(e) Access to knowledge

3) 2 Economic Systems that Adam Smith and Karl Marx developed-advanced

(a) Democracy and Capitalism   

(b) Capitalism and Open Economy

(c) Capitalism and Socialism

(d) Socialism and Communism

4) Match the Economic Concepts

(efficient allocation of scarce resources, both parties are better off, a situation in which you can't have both, limited nature of societies resources)

(a) Economics

(b) Trade-offs      

(c) Opportunity Cost      

(d) Scarcity         

QUESTION 2 (25)
EXCHANGE RATES IN UK
Towards the end of 2009 the pound fell to a six-month low of 1.0628 Euros. Figures released by the UK
government suggested that demand was still low in the country. The pound was also under downward pressure
because of the low value of the interest rate. A recent report suggested these would remain at their historic
low of 0.5% until 2014. Business confidence in general remained frail and there was concern over when the UK
economy would start to recover from its negative growth. There was huge excess capacity in the UK. In addition,
the government had a huge deficit which was expected to cause problems with cutbacks and tax increases in
the future.
Adapted: Gillespie, A. (2013), Business Economics, Oxford University Press
2.1 Discus the key factors that determines the value of a currency in the UK. (10)
2.2 Critically analyse the possible effects on the UK economy of a fall in the value of the currency. (15

1. Threat credibility assessment

Suppose a state threatens to assassinate another state’s leader if the other state fails to lower trade barriers. Assassinations are not looked upon favorably in the international community and so this threat may not be believed. In the following pairs of options, pick the one that most strengthens the credibility of this threat and gives one sentence explanation for your choice.

A . (a) or (b)? why? [2]

(a) Issuing a secret statement to the other state promising to assassinate the leader
(b) Issuing a public statement directed at the other state promising to assassinate the leader

B . (a) or (b)? why? [2]

(a) Issuing the threat from an anonymous Twitter account
(b) Issuing the threat from a known official at a filmed press conference

C. (a) or (b)? why? [2]

(a) Having no past experience with assassination (b) Being tied to past assassinations

D. (a) or (b)? why? [2]

(a) Having a reputation for taking drastic actions (b) Having a reputation for pacifism

3. Use both the TVM equations and a financial calculator to find the following values. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent.
a. An initial $400 compounded for 10 years at 4%.


b. An initial $400 compounded for 10 years at 8%.


c. The present value of $400 due in 10 years at a 4% discount rate.


d. The present value of $400 due in 10 years at an 8% discount rate.

what can we agree in the given statement, what role should government play in Healthcare?

Kreidler, M. L. (2019). Economics of Medical Care. Salem Press Encyclopedia

Q1. Kwasi Manu (a 54-year-old man) examined by an ophthalmologist was found to have a
bitemporal hemianopia. Radiologic and biochemical examinations showed the pituitary gland to
be of normal size and function.
a) What visual pathway structure is responsible for the visual field defect - bitemporal
hemianopia?
b) What other anatomic structure, if enlarged, might press on the visual pathway structure
named in (i) above?

Q2. Dr Serwaa examined the fundi of a 30-year-old man by means of an ophthalmoscope. Dr
Serwaa was experiencing difficulty distinguishing between retinal arteries and veins. What are
the normal visible differences between retinal arteries and veins?

Q3. An inflammation of the ciliary body and iris may give rise to a so-called ciliary injection.
Describe the arteries that give rise to the ciliary injection.

Q4. What is the innervation of the sphincter and dilator pupillae muscles?

Q5. Corneal deturgescence is dependent upon:
i)……………………………………………………………………………………………………
………………………………………………………………………………………………………
………………………………………………………………………………………………………
………………………………………………………………………………………………………
………………………………………………………………………………………………………
ii)……………………………………………………………………………………………………
………………………………………………………………………………………………………
………………………………………………………………………………………………………
………………………………………………………………………………………………………
………………………………………………………………………………………………………
iii)…………………………………………………………………………………………………
………………………………………………………………………………………………………
………………………………………………………………………………………………………
………………………………………………………………………………………………………
……………………………………………………………………

Lana, a ten-year old child, is run over by a car negligently driven by Mitchell. Lana, at the time of the accident, was acting reasonably and without negligence. Clark, a newspaper reporter, photographs Lana while she is lying in the street in great pain. Two years later, Perry, the publisher of a newspaper, prints Clark’s picture of Lana in his newspaper as a lead to an article concerning the negligence of children. The caption under the picture reads: “They ask to be killed.” Lana, who has recovered from the accident, brings suit against Clark and Perry. What is the result? Group of answer choices

A. Judgment for Lana against Clark for the tort of false light

B. Judgment for Lana against Clark for intentional infliction of emotional distress

C. Judgment for Lana against Perry for the tort of false light

D. Lana will not prevail because the press is privileged under the First Amendment

E. Judgment for Lana against Perry for appropriation and disparagement.

This is not case analysis. There is no case to this. Please answer the following questions for the company Pfizer

1. Find a list of the members of the board of directors for your firm. How large is the board? How many independent (non-employee) members are on the board? Are any women or minorities on the board? Is the CEO also the chair of the board?

2. Who are the largest stockholders of your firm? Is there a high degree of employee ownership of the stock?

3. In reviewing press releases and news articles about your firm over the past year, can you find examples of any actions the firm has taken that, though legal, may be ethically questionable?

4. You have now completed 12 modular assignments about selected firm. You know a lot about its mission, strategies, competitive advantage, and organization. Is this a company you would like to work for? If you had $1,000 to invest in a firm, would you invest it in the stock of this firm? Why or why not?

1. Which is better to own during a period of declining interest rates in terms of reinvestment rate risk?

a.      a zero coupon bond

b.     a bond with a 13% coupon

c.     a bond with a variable interest rate

d.     a municipal bond

2. When receiving a 10% stock dividend, the owner of 427 shares of stock will receive

  a.  4.27 shares.

            b.  42.7 shares.

            c.  43 shares.

            d.  42 shares plus cash.

3. A $1,000 par bond with a closing price of 107 in the financial press has a dollar price of

a.      $107.00.

b.     $1,070.00.

c.      $1,700.00.

d.     $10,700.

4.

Sam is a 50 share shareholder in MOP Inc. that earned $2 million, had 100,000 shares outstanding and a price-earnings ratio of 18. What is the current market value of Sam s investment in MOP Inc.?

            a.  $1800

            b.  $360

            c.  $18,000

            d.  $15,000