Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Many people are concerned about changes in the distribution of income.
1. Is there greater inequality in the distribution of annual income or in the distribution of annual consumption? Which distribution is usually more relevant to concerns about inequality?
2. What is “churning” of the income distribution? How does the extent of churning influence your interpretation of the distribution of annual incomes? All else equal, how does the extent of churning affect the size of the credit market?
3. As you know, the distribution of income has become less equal over the last 30 years. What is leading hypothesis that explains this trend? Explain briefly.
4. Empirically speaking, at least two other factors appear capable of explaining at least a portion of the trend in wage inequality. Identify and explain one of them.
Where do you think the rest of the monetary base is (from money supply), and under what conditions might it return to the banking system?
Define the “natural rate of unemployment” and show that its two equations are equivalent. What are its causes and what is its significance for public policy? Define “structural unemployment” and explain its causes. Use a labor market diagram to show ..
In Taxland, the first $5,000 earned per year is exempt from taxation. Between $5,000 and $20,000, the tax rate is 10 percent. Between $20,000 and $50,000, it’s 15 percent. Above $50,000, it’s 25 percent. You’re earning $75,000 a year. How much in tax..
Elucidate how many of the variable input should the firm utilize to maximize profits? Please verify. Note which in order to do this you want to utilize costs.
Neither firm can choose which cell of the payoff matrix to obtain; the payoff for every firm depends upon the pricing strategies of both firms.
Jack owns an auto repair shop, specializing in European cars. With three full-time mechanics, Jack's shop repairs/services 15 cars per week. Each worker is paid $500 per week. Suppose Jack's weekly fixed costs is $1500. Assuming he is a profit maximi..
Health officials have suggested that the spread of AIDS can be partly contained if more males use condoms.
Refer to the graph above representing the purely competitive market for a product. When the market is at equilibrium, the total opportunity cost of producing the equilibrium output level would be represented by the area:
Jose rents office space for $20,000 per year. He uses the office to fill out tax returns for 1
Suppose a tax of $.10 per unit on a good creates a deadweight loss of $100. If the tax is increased to $0.30 per unit, the deadweight loss from the new tax would be:
Dan and Neil are playing Settlers of Catan. Dan has rolled a seven and just put the stopper on a Field which touches one of Neil’s Settlements. Since Dan is a real jerk store, he decides to steal one of Neil’s two cards. Does Dan have a dominant stra..
In a few sentences, what effect does the current supply and current demand have on this product.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd