Author: Anonymous

Show your intermediate steps. Use interpolation method to determine the interest rate that makes the following two options equivalent. Use three significant digits (or two digits after the decimal point) in your final answer.Option 1: Receive $100 at the end of each year for 20 years.Option 2: Receive $30,000 at the end of the 20th year.

Is the following statement true or false? “The first transaction (i.e., inflow or outflow) in a linear gradient happens at the end of the first interest period.”

Explain Nozick’s argument in Anarchy, State, and Utopia that “liberty upsets patterns.” What does he mean by this, and why are patterned theories problematic? What is his alternative to patterned theories of justice? Outline his competing theory in detail (e.g. name, main principles, etc.).    Do not discuss portions of the text outside of assigned readings, although you may discuss Rawls’ work during the course of your answer. You may use your books and notes, but no other outside resources or assistance. 

Nozick’s view that “so long as we can demonstrate that agents are entitled to dispose of the resources they own, then whatever social outcome results from their willing action is, by definition, a just one” is known as ______________.

Young’s principle of _________ argues that people must “enter discussion to solve collective problems with the aim of reaching agreement.”

In Sandel’s criticism of Rawls, he states that Rawls’ ___________ fails because it treats people as means instead of ends in themselves. 

The aggregative model of democracy requires more participation on the part of citizens compared to the deliberative model.

Dryzek argues that democracy’s claims to legitimacy ________. 

Guttman and Thompson argue that in a democracy, the majority _________. 

Sandel’s main argument focuses on his critique that the liberal conception of the ____________ is too abstract and fails to incorporate an adequate understanding of the connection to __________.