Look at each of the five scenarios below. Identify whether the scenario poses a problem to solve or a decision to be made. Explain HOWandWHY you came to your answer.

• You are governor of a state. A very influential political group's leader comes to meet with you, asking for more money to be spent on shelters for the homeless, on programs to help them get jobs, and on community mental-health programs. You know there is very little money in the state budget to help them with new programs. You also know that come election day you will need the group's help. Should you make a promise to the leader to help or not?
• Imagine you are a physician who has been whose patient has the following matter up to you. The patient has an unusual infection, which lasts for a short time. The infection has a 15% chance of causing permanent brain damage. You may undertake a procedure that will prevent the brain damage from the infection (with 100% probability). However, the procedure itself has a 20% chance of causing brain damage itself. Should you undertake the procedure or not?
• You graduate from UMGC and are approached by a successful business person who has reason to believe that your experience with online education makes you qualified to mission: Using 2 billion dollars to create the best online school you can. He is offering to pay you $100,000 annually, health care benefits along with luxury housing accommodations . However, you would have to move to Nigeria. Do you take the job or turn it down?
• Imagine you have recently inherited $20,000 and you want to save it. You can put it in a bank and get 2% interest, you can buy a U.S. Government bond and get 5% interest, or you can buy a bond issued by the British Government, which pays 15% interest. The government bonds come due in 15 years; that means that the governments promise to pay back your $20,000 in 15 years. In the meantime, you get just the interest. What should you do?