Laws and regulations exist to define what unethical behavior is. However, the practicing of high-quality ethical behavior often goes beyond just meeting laws and regulations. Indicate how you would respond to the following situations.

Let’s start with the question.

As a result of the above situation I will consult with a lawyer or an ethics officer to see if I can purchase stock in this company on the basis of information provided by my boss. The use of confidential information in investment decisions is known as insider trading and it can be punished with severe sanctions. It may not be illegal to make use of this information to obtain an unfair advantage in stock markets. Before making any decision, you should carefully weigh the possible risks and potential consequences.

In response to the second situation, I would first bring my concerns to the appropriate manager or supervisor, as well as any relevant regulatory bodies or authorities, to ensure that the issues with the company’s products are addressed and resolved. If I am not satisfied with their actions, or if they are inconsistent with my moral or personal beliefs, then I will resign. Before making any final decisions, however, I will consider all options and weigh the possible risks and consequences.

Let’s address the second half of your question.

The size of the M1 money supply can be calculated as follows: M1 = Currency + Money market mutual funds + Demand deposits + Other checkable deposits + Traveler’s checks = $700 billion + $2,000 billion + $300 billion + $300 billion + $10 billion = $3,310 billion

Let’s address the last part of your question.

You can calculate the size of M1’s money supply by following: Currency + Demand deposits + Other checksable deposits = $1million + $30,000,000 + $15 Million + $25 Million = $71million. M2 = Money + Savings Accounts at Depository Institutions + Retail money-market mutual funds = $71m + $60 million+ $40 million = $171million. M3 = Money + Large-denomination Time Deposits + Institutional money markets mutual funds = $171m + $50m + $65m = $286million

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