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Perhaps the most important social indicator is the extent of extreme poverty among a country's people. Poverty has been high in Brazil for an upper middle- income country. There has been progress, a World Bank study found that Brazil's average per capita income grew by 220% in the high-growth years from 1960 to 1980, with a 34% decline in the share of the poor in the population.
Question 1:
With regards to the above, explain why inequality in Brazil has started to fall in the last few years.
The Good’n’Fresh Grocery Store has 2 checkout lanes and 4 employees. Employees are equally skilled, and all are able to either operate a register (checkers) or bag groceries (baggers). The store owner assigns one checker and one bagger to each lane. ..
Assume that b=1/2 and that initially the real interest rate is equal to the marginal product of capital at 3%. As well, assume that v=2 and that the inflation rate last period was 2%. Assume the natural rate of unemployment is 5.5%. The Sequester is ..
According Keynesian’s theory (the government could switch role and become consumers during a recession) Discuses these theory with some example. !? What is the condition of macroeconomics equilibrium and find MPC when Y=1 and MPS=0.25. ?
Suppose the demand curve for a product is given as Q = 10 – 2P + Po where P is the price of the product, Po is the price of another good, and Q is the quantity demanded. Assume the price of the other good is $2.00. a. Suppose P = $1.00. What is the p..
You are hired by the government to evaluate the impact of a policy change that affects one group of individuals but not another. Suppose that before the policy change, members of a group affected by the policy averaged $17,000 in earnings, and member..
What is the different between quantitative easing and inflation? And how can they be explained using the graph of demand V.S supply?
Discuss the previous week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.
Suppose the demand for paper is given by Qd = 360 – 4p and the industry marginal cost of production is given by Qs = 6p. In addition, the firm’s production imposes an externality with an associated marginal damage (MD) = 2. Please include a graph wit..
Network forensics is considered a very hard problem for a number of reasons: First, the general anonymity of users on the Internet makes is extremely difficult to determine who a suspect is.
Suppose the Herfindahl-Hirschman Index for the pulp and paper industry is 173 and the Herfindahl-Hirschman Index for the pharmaceutical industry is 446.3. What does this data suggest about the competitive landscape in the pulp and paper industry rela..
With fewer also fewer barriers to trade, countries are able to focus on producing those goods also services which they are best.
Suppose an airline flying on the Charlotte - Chicago route has estimated the demand curves for three different types of customers: business (no advance purchase), leisure (7 day advance puchase), and discount (14 day advance purchase) travellers. Wha..
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