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Children are the age group most likely to live in poverty. In any given month, about 20% of children are living in households subsisting below the poverty line. Children make up about 25% of the U.S. population as a whole, but they make up more than 40% of the chronically poor (that is, those who live in poverty every month for 36 months in a row). The birth of a child is among the most common "precipitating events" for a poverty spell (i.e. the trigger; job losses and health crises are other common precipitating events). What is it about the way poverty is defined/measured and about social policy that produces this result? As in the previous question, there are many relevant factors, but you don't need to cover everything. Just identify two relevant factors, which may overlap with the factors you named in your answer to the previous question. (3-4 sentences)
A new production technology for making vitamins is invented by a college professor who decides not to patent it. Thus, it is available for anybody to copy and put into use. The TC per bottle for production up to 100,000 bottles per day is given in th..
___does not count in GDP numbers until the final product is sold. This is used to change variables from nominal to real: This gov. policy is part of the collection of policies deemed "shock absorbers." This particular policy is used for those recentl..
Define "Full Employment" and "Price Stability". Define, measure, and discuss why inflation is a problem. Define and measure unemployment.
Suppose you are considering the purchase of an established business that has the expected profit stream noted below. If want a 20% return on you investment, what is the maximum amount you should pay for the property?
What is a country’s production possibility frontier and how can it be used to think about the benefits of globalization? Set out two reasons for increased globalization in recent decades? Siglitz argues that globalization has “asymmetric” effects on ..
Suppose Nation A can produce 2 million pounds of sugar per week OR 1 million pounds of rice in a week and Nation B can produce 10 million pounds of sugar per week OR 3 million pounds of rice in a week.
According to an article in the New York Times, in 2011 the Port Authority of New York and New Jersey was planning to increase the tolls on the bridges and tunnels crossing the Hudson River by as much as 50 percent. According to the article, “Revenue ..
Which of the following are not included in GDP but probably should be?
What does the Coase Theorem say about the two remedies when there are no transaction costs - What is the efficient outcome - for the factory to shut down, to run silently, or to run noisily?
If a 20% decrease in th price of long distancephone calls leads to a 35% rise in the quantity of calls demanded, you may conclude that the demand for phone calls is.
Suppose you are a thirty-year-old worker choosing between an IRA, a ROTH IRA and a regular brokerage account. Your marginal federal tax rate is 15% now and 15% in retirement. Compare after-tax returns on all three forms of investment. Rank the invest..
Evaluate the arguments of the two partners. For full points please also explain and illustrate their points by identifying the relevant and irrelevant costs for this decision.
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