<h3><u>
Answer:</u></h3>
Determining that the study has a maximization of benefits and a minimization of risks is the best example of how the Principle of Beneficence can be applied to a study employing human subjects.
<h3><u>
Explanation:</u></h3>
The principle of beneficence demands that the human subjects have self-determination. Also if some of the human subjects do not have the power to take decisions, the investigators should make sure that the human subjects are not harmed. The researchers should increase the chances of benefits and decrease the amount of risk.
The research studies which include human subjects, even those that have very little risk should not be taken into consideration if it does not create scientifically valid or presents us new facts. It is very confusing for the researchers to determine when the benefits should be taken into consideration because of the risks and benefits should be sought despite the risks.
Answer:
- <u><em>Pakistan's GDP = 13.53 trillions of rupees.</em></u>
Explanation:
<em>GDP</em> is the gross domestic product. It is the value of all the goods and services produced by an economy (a country), in a period, which is normally one year.
The <em>GDP</em> can be calculated with the equation:
GDP = Consumption + Investment + Goverment spending + Net Exports
Where, Net Exports is the value of the exports less the value of the imports.
Thus, the values that you need to sue to calculate the GDP are:
- Consumptiion
- Investment
- Goverment spending
- Exports
- Import
<u>Identify</u> the values that you need to incorporate in your formula. Here is the selection (all the amounts are in trillions of rupees):
- Consumption = individuals consume: 10.40
- Investment = businesses invest = 1.35
- Government spending = goverment purchases = 2.80
- Exports = Pakistan exports = 1.29
- Imports: Pakistan imports: 2.31
Those are all. Other items, i.e. foreigners spend (0.60 trillions of rupees) and individuals save (5.00 trillions of rupees), do not count for the GDP.
<u>Compute</u> (in trillions of rupees):
- GDP = 10.40 + 1.35 + 2.80 + (1.29 - 2.31) = 13.53
<u>Answer</u>: Pakistan's GDP = 13.53 trillions of rupees.
Both Joe and Rich should accept this project.
D) Both Joe and Rich
<u>Explanation:</u>
NPVJoe= $25,500 + $15,800 / 1.085 + $15,300 / 1.085^2
NPVJoe= $2,058.88
NPVRich= –$25,500 + $15,800 / 1.125 + $15,300 / 1.125^2
NPVRich= $633.33
Here Joe and Rich both invested a total amount of $25,500 and they are expected to get cash inflows of $15,800 and $15,300 in the year 1 and year 2 respectively they both has their own different rates of return i.e. 8.5% and 12.5% so we can calculate the net principle value of Joe is $2,058.88 and that of Rich is $633.33.
They are called source documents.
Answer:
The correct answer is option b.
Explanation:
Positive economics is a branch of economics that is concerned with explanation of economic phenomena. It is based on facts and data. It answers to what is, what was.
Normative economics, on the other hand, is concerned with judgment. It answers to what should be or what ought to be.
Structural unemployment is caused because of a mismatch between the skills that the workers possess and the skills that the employers want.
Innovation and technological changes will always cause structural unemployment and create winners and losers. So the government should focus on helping the displaced workers in finding new jobs, instead of limiting innovation.
As this involves what should be done, it is a normative issue.
