A rise in income of 10 percent increases the demand for lattes by 15 percent. Calculate the income elasticity of demand. Are lattes a normal or inferior good?

X DSCR 1

X Untouchables 3

Jean Valjean steals a loaf of bread to feed his starving family. Which of Ross’s moral duties are in conflict here? Which should win out over the other(s)? Why?

Explain Kant’s categorical imperative. Why is it important? How does it guide a person’s ethical perspective?

Explain the veil of ignorance as conceived by John Rawls. Is there value to this concept? Why or why not?

Which were effects of radium poisoning experienced by the Ghost Girls?

Which of the following is true about what President Hoover and the Fed did in the early stages of the Great Depression: I. Decrease in spending II. Increase in spending III. Decrease in interest on excess reserves (IOER) IV. Decrease in discount rate V. Increase in taxes

Investment and interest rates are:

The Fed does all of the following EXCEPT