“Trade is only good for big multinational companies who gain from trade by exploiting the workers of low-wage countries.” Sounds like a comment made by opposers of free trade during the Seattle WTO ministerial conference. Comment on this

Explain the tax implications of working from home in Australia during the COVID-19 pandemic. Who is likely to be affected by these changes and how?

5. There are 100 patients who could benefit from a new drug, Tipilor, manufactured by Zifer. Patient i has willingness to pay i, i=1,…,100. Ignore fixed costs and assume marginal cost, c, is constant.

a) What is the profit maximising price and resulting profit?

b) Now assume all patients have insurance which means they only pay 10% of the price as a co-payment. What is the profit maximising price and resulting profit?

c) Zifer sets up a charity to cover the co-payment for poor people. Patients 1, 2, …, 50 are considered poor. What is the profit maximising price and resulting profit?

d) For c = 10, calculate optimal profit in a), b) and c) and conclude whether setting up the charity is profitable.

[25 marks]

Aragorn and Arwen are newlyweds who have just returned from honeymoon in Mozambique. They spent most of their afternoons walking on the beach sand, though have noticed a fungal infection of their toenails. Their doctor confirms their suspicions, and they are put on griseofulvin therapy.

a. What would the implication be of the prescription if they were trying to get pregnant?

b. The couple manages to conceive and a healthy baby is born. While Arwen is breastfeeding she develops cytomegalovirus retinitis and a second nail fungal infection. Her doctor prescribes butenafine for the fungal infection and a DNA polymerase inhibitor for the retinitis. Comment on the appropriateness of this prescription and justify your rationale.

c. Arwen notices that on both times she was on antifungal therapy she developed gastrointestinal disturbance. What do you think could have been the cause of this?

Mr. and Mrs. Evans are an African American couple who retired from the school system last year. Both are 65 years of age and reside on 20 acres of land in a large rural community approximately 5 miles from a Superfundsite and 20 miles from two chemical plants. Their household consists of their two daughters, Anna, aged 40 years, and Dorothy, aged 42 years; their grandchildren, aged 25, 20, 19, and 18; and their 2-year-old great-grandson. Anna and Dorothy and their children all attended the university.

Mr. Evans’s mother and three of his nieces and nephews live next door. Mr. Evans’s mother has brothers, sisters, other sons and daughters, grandchildren, and great-grandchildren who live across the road on 10 acres of land. Other immediate and extended family live on the 80 acres adjacent to Mr. Evans’s mother. All members of the Evans family own the land on which they live. Mrs. Evans has siblings and extended family living on 70 acres of land adjacent to Mr. Evans’s family, who live across the road. Mr. and Mrs. Evans also have family living in Chicago, Detroit, New York, San Francisco, and Houston. Once a year, the families come together for a reunion. Every other month, local family members come together for a social hour. The family believes in strict discipline with lots of love. It is common to see adult members of the family discipline the younger children, regardless of who the parents are.

Mr. Evans has hypertension and diabetes. Mrs. Evans has hypertension. Both are on medication. Their daughter Dorothy is bipolar and is on medication. Within the last 5 years, Mr. Evans has had several relatives diagnosed with lung cancer and colon cancer. One of his maternal uncles died last year from lung cancer. Mrs. Evans has indicated on her driver’s license that she is an organ donor.

Sources of income for Mr. and Mrs. Evans are their pensions from the school system and Social Security. Dorothy receives SSI because she is unable to work any longer. Mr. Evans and his brothers must assume responsibility for their mother’s medical bills and medication. Although she has Medicare parts A and B, many of her expenses are not covered. Mr. and Mrs. Evans, all members of their household, and all other extended family in the community attend a large Baptist church in the city. Several family members, including Mr. and Mrs. Evans, sing in the choir, are members of the usher board, teach Bible classes, and do community ministry.

Study Questions

1. Describe the organizational structure of this family and identify strengths and limitations of this family structure.

2. Describe and give examples of what you believe to be the family’s values about education.

3. Discuss this family’s views about child rearing.

4. Discuss the role that spirituality plays in this family.

5. Identify two religious or spiritual practices in which members of the Evans family may engage for treating hypertension, diabetes, and mental illness.

6. Identify and discuss cultural views that Dorothy and her parents may have about mental illness and medication.

7. To what extent are members of the Evans family at risk for illnesses associated with environmental hazards?

8. Susan has decided to become an organ donor. Describe how you think the Evans family will respond to her decision.

9. Discuss views that African Americans have about advanced directives.

10. Name two dietary health risks for African Americans.

11. Identify five characteristics specific to African Americans to consider when assessing the skin of African Americans.

12. Describe two taboo views that African Americans may have about pregnancy.

1.Who is benefiting from keeping a label and a category of poverty?

2. Is providing aid/government assistance helping? if so, how?

3. How can we help decrease poverty? come up with your own strategy to help the poor?

1. 1. In a galaxy far far away, Luke Skywalker was a Tatooine farmboy who rose from humble beginnings to become one ofthe greatest Jedi the galaxy has ever known. After settling down, Luke Skywalker has been investing in the stockmarket for some time, buying mostly high-quality growth stocks as a way to achieve long-term growth and capitalappreciation. He feels that with the limited time he has to devote to his security holdings, high-quality issues are his bestbet. He has become a bit perplexed lately with the market, disturbed that some of his growth stocks aren’t doing evenas well as many good-grade income shares. He therefore decides to have a chat with his broker, Minch Yoda. During their conversation, it becomes clear that both Yoda and Luke are thinking along the same lines. Yoda pointsout that dividend yields on income shares are indeed way up and that, because of the state of the economy, theoutlook for growth stocks is not particularly bright. He suggests that Luke seriously consider putting some of hismoney into income shares to capture the high dividend yields that are available. After all, as Yoda says, “where thepayoff comes from as how much it amounts to, the bottom line is not so much!” They then talk about a high-yieldpublic utility stock, Galactic Empire Power. Yoda digs up some forecast information about Galactic Empire andpresents it to Luke for his consideration:

2. Year  Expected EPS ($)     Expected Dividend Payout Ratio (%)

   2016	$3.25	40%
   2017	$3.40	40%
   2018	$3.90	45%
   2019	$4.40	45%

   
   2020           $5.00                                   45%                         

   The stock currently trades at $60 per share. Yoda thinks that within five years it should be trading at $75 to $80 a share. Luke realizes that to buy the Galactic Empire stock, he will have to sell his holdings of Han Solo Industries—a highly regarded growth stock that Luke is disenchanted with because of recent substandard performance.

   determine the amount of annual dividends Galactic Empire can be expected to pay over the years 2016 to 2020.

Mr. Ahmed is a 65- year old man who is suffering from Diabetic Retinopathy. He is also suffering from sensorineural hearing loss. He finds it difficult to distinguish between high pitch sounds such as the letters (s) and (th). He decides to meet a physician for a check-up. Answer the following questions in relation to his condition. Provide (two in-text citations) for any of your answers and (two references below your answers). a. Describe Diabetic Retinopathy in one or two sentences. (1 mark) b. List two symptoms of Diabetic Retinopathy. (1 mark) c. Which ear disorder do you think most likely Mr. Ahmed has? Name it and give two other symptoms of this disorder. d. List three causes that happen in the ear leading to the disorder mentioned in (question