Exam 6 Point distribution: Q1 Q2 Q3 Q4 Q5 Q6 Q7 8 12 12…

Exam 6 Point distribution: Q1 Q2 Q3 Q4 Q5 Q6 Q7 8 12 12 9 28 25 15   Total points = 110 Question 1-4 multiple choice questions Question 5-7 free response questions Periodic table and other relevant information for Exams To preview the Periodic table and other relevant information click here   

Casey lobbied to be included on Coach Howie’s team for the u…

Casey lobbied to be included on Coach Howie’s team for the upcoming season, but wasn’t chosen. She noticed that the final roster was all male. She decided to speak with the athletic department’s HR rep to voice her concerns. Her situation represents a potential failure of which human resource strategy?

Sally, newly promoted to director at Missouri State Parks, i…

Sally, newly promoted to director at Missouri State Parks, is attending a 5-day leadership workshop on managing staff. She’s paired with an experienced supervisor from a nearby park district for mentorship and guidance. This is an example of which human resource strategy?

(10 points) In The Big Short, mortgage brokers were characte…

(10 points) In The Big Short, mortgage brokers were characterized as having sought out (targeted) subprime borrowers, reflecting a new method of discriminatory lending practices in the US housing market. Question detail and grading rubric: 1point: What does it mean to be a “subprime” borrower? 1 point: What is the historical relationship between Fannie Mae and redlining? What was the economic justification for this practice? 4 points: What is Fannie Mae’s AUS and how does it use FICO scores, LTV ratios, and DTV ratios? Define each of those underlined terms in your answer and explain their relevance to mortgage approval generally and to Fannie Mae specifically. 2 points: Based on the material from class, what is the relationship between race and AUS outcomes? Between race and mortgage approval rates over and above AUS outcomes? Explain the reason for each relationship. 2 points: Why did mortgage brokers in The Big Short actively seek out subprime borrowers? Why does this seem counter-intuitive, and what was it about market incentives that nonetheless led to such behavior?