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6

Economics

6. Use the information below to answer the questions: Country Currency, $ US Mexico 10.6530 .093870 Japan 117.43 .008516 A. What does 10.6530 mean? b. How much is the value of $ 20 in Mexican pesos? c. If a shirt costs 105 Mexican pesos, what would its value be in dollars? d. If you see a fan in Japan that costs 560 yen, what would its dollar value be? 7. Name the 4 sources (types) of unemployment

Jeffrey Blustein identifies a number of sources of what he calls an "ethics of remembrance." What are they? Check all that apply. Consequentialism Moral expressivism Virtue ethics Deontology Natural law theory

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Answer 6 (a) 10.6530 means mexican peso (Mexican Currency)

it means 10.6530 mexicam peso =0.93870 US dollars (American Currency)

Answer 6 (b)

if 10.6530 peso = 0.93870 dollars , let us calculate 20 dollars in mexican peso

1 dollar will be equal to 10.6530/0.93870= 11.3486736 peso

20 dollars will be equal to = 11.3486736* 20 = 226.973473 mexican peso

Answer 6 (c)

if a shirt cost 105 Mexican Peso , value of a shirt in dollars would be

1dollar =11.3486736 peso (Already Calculated above)

105/11.34= 9.25 dollars

Value of shirt in dollars = 9.25 dollars

Answer 6 (d) If 117.43 yen =.008516 dollars

then 560 yen will be equal to -    560*0.008516/117 = 0.040 yen

Answer (7) Four Types of Unemployment are :

1.Seasonal unemployment

2.Cyclical unemployment

3.Structural unemployment

4. Frictional unemployment

The ethics of remembrance talk about the morality surrounding remembrance.  Moral Expressivism, Virtue ethics and Deontology have been identified as the sources of the ethics of remembrance.

Moral Expressivism: Our actions must give out the right meaning to others. Our attitude is the expression of our moral values and hence needs to be governed for keeping expression real.

Virtue Ethics: Ethical thinking is guided by an individual's character. Our moral character is the key factor that enables us maintain healthy relationships with the people in our lives.

Deontology (Duty Ethics ) : It is a philosophy that states that it is important to understand the duties that we are bound to follow.

Only options 2, 3 and 4 must be marked.