The correct answer would be, Workers.
In the game of economics, Workers play a double role as both consumers and producers.
Explanation:
In an economy, there are companies which produces goods or services, that are used by the consumers. Consumers are the people who pay for the produced products or services by the companies and buy them for their use.
Consumers pay money for buying the products and producers earn profits for selling their products.
There are people who play a double role, as both consumer and producers. These are the workers. Workers who work in companies to produce products to be sold the consumers act as producers, and when the same workers buy their own products for their use, they act as consumers. For example, workers in a soap factory who act as producers there, when buy soap for their personal use, they act as consumers of their own product.
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Answer:
An institutional review board (IRB), also known as an independent ethics committee (IEC), ethical review board (ERB), or research ethics board (REB), is a type of committee that applies research ethics by reviewing the methods proposed for research to ensure that they are ethical.
Explanation:
- Conducting initial and continuing review of research;
- Reporting findings and actions to the investigator and the institution;
- Determining which projects require review more often than annually;
- Determining which projects need verification from sources other than the investigator that no material changes have occurred since previous IRB review;
- Ensuring prompt reporting to the IRB of proposed changes in a research activity, and ensuring that changes in approved research, during the period for which IRB approval has already been given, may not be initiated without IRB review and approval except where necessary to eliminate apparent immediate hazards to the human subjects;
- Ensuring prompt reporting to the IRB, appropriate institutional officials, any department or agency head and OHRP for research conducted or supported by HHS, and the FDA for FDA-regulated research of:
- Any unanticipated problems involving risks to human subjects or others;
- Any instance of serious or continuing noncompliance with the applicable HHS and FDA regulations or the requirements or determinations of the IRB; Any suspension or termination of IRB approval.
HHS and FDA regulations do not provide additional detail on the content of IRB written procedures, which gives IRBs the flexibility to establish procedures best suited to their own operations.
Ego integrity VS despair.
As we grow older (65+ yrs) and become senior citizens, we tend to slow down our productivity and explore life as a retired person. It is during this time that we contemplate our accomplishments and can develop integrity if we see ourselves as leading a successful life. Erik Erikson believed if we see our lives as unproductive, feel guilt about our past, or feel that we did not accomplish our life goals, we become dissatisfied with life and develop despair, often leading to depression and hopelessness.
In Bob´s argument we can infer an inductive fallacy known as fallacy by association which it is affirmed that the qualities of a specific object correspond to those of a general group, through an inconsequential relationship. It is argued that one´s qualities are intrinsically or essentially qualities of another simply by association.
On this case, we can evidence a fallacy of anecdotal evidence, hurried generalization or law of small numbers which consists of establishing a generalized conclusion based on isolated or anecdotal facts.