1. Present what you regard as the strongest argument for ethical relativism.
2. What is the Sharpe approach to measuring portfolio risk? If a portfolio has a higher Sharpe measure than the market in general under the Sharpe approach, what is the implication?
3. The article below suggests that the Economy of the United States is close to reaching full-employment! Do you agree? If so, what are the implications of a Full Employment in the US in terms of likely monetary policy decisions.