Economy to secure prosperity for the society

Assignment Help Business Economics
Reference no: EM131584769

Along with efficiency policy makers want to ensure that these resources are allocated evenly throughout the economy to secure prosperity for the society."

Do we really want for these resources to be allocated evenly, or in the way that achieves the greatest good? Which goes back to the previous point of maximizing the utility.... which can also be one and the same in some situations. But we also have people in our society that, for whatever reason, are not particularly interested in participating in the productive economy, or at least not in a way that contributes as much as they could. What should we do with these people? What about kids that don't want to study in school, but we see that they are going to be expensive adults to maintain further down the road? What should be done with these people?

Reference no: EM131584769

Questions Cloud

Encrypt message we are all made of stars using atbash cipher : Let ~ be defined so that a ~ b exactly when a · b is divisible by 3. Is this an equivalence relation? If not, which of the three properties.
Responsibility of working with organization : You have been given the responsibility of working with your organization's CEO to do a competitive market analysis of the potential success of one.
Responsibility of working with organization : You have been given the responsibility of working with your organization's CEO to do a competitive market analysis of the potential success of one.
Crisis on hrm practices in organizations : ASB-4904: Applied Business Project (HRM) Assignment2016 - Critically assess the impact of the 2008 global financial and economic crisis on HRM practices
Economy to secure prosperity for the society : Along with efficiency policy makers want to ensure that these resources are allocated evenly throughout the economy to secure prosperity for the society."
How well you have met outcomes for popular culture in media : Write a short essay (a minimum of one full well-developed paragraph) that evaluates, in detail, how well you have met the outcomes for Popular Culture In Media.
How does it compare with the riskfree rate : a) What is the value of debt? b) What is the expected yield of the debt? How does it compare with the riskfree rate?
Prove that the equation is true for all positive integers : Show that the sum of the interior angles of any n-gon (a polygon with n sides) is p(n - 2). Notice that such polygons may be wildly irregular.
Calculate the arc cross price elasticity : (a) Calculate the arc cross price elasticity of demand between Write Easy's and Joy Write's pens.

Reviews

Write a Review

Business Economics Questions & Answers

  How would you improve the current system

Is the Affordable Health Care Act (Obama Care) good for America? Explain why or why not? What would you put in place or how would you improve the current system?

  Disintegrated from internal political struggles

How did the Spanish crown initially fulfill its need for African slaves in the early sixteenth century? The African kingdom of Kongo nearly disintegrated from internal political struggles that followed many ruinous wars with the... The English joint-..

  Desirable price for a natural monopoly charge

Why will a natural monopoly that attempts to charge the socially optimal price invariably suffer an economic loss.

  Rates of unemployment and business bankruptcies

The high rates of unemployment and business bankruptcies during the Great Depression of the 1930s caused a dramatic increase in government intervention in the economy of the United States. What was the original intent of this government intervention?..

  Elucidate us higher alcohol taxes more traffic deaths

U.S. Higher alcohol taxes, more traffic deaths. Why might re be more traffic deaths in states that have higher alcohol taxes.

  Explain how could you estimate the net welfare loss

Explain how could you estimate the net welfare loss (deadweight loss) from such a diagram. What response to such a policy would you expect from industries (like automobile producers) that use U.S. steel.

  Investment opportunity

Bob has a investment opportunity. In return for an initial investment of $29,000 today, he will receive the following cash flows. Year 1 $(7,600) Loss Year 2 $19,300 Gain Year 3 $22,000 Gain Bob’s interest rate is 6%. Is this a good investment?

  Q1 if a monopolist has an own-price demand elasticity of -8

q1. if a monopolist has an own-price demand elasticity of -.8 is it maximizing profits? explainq2. what are some

  What is the equivalent annual worth of the savings

By upgrading its equipment, a firm can achieve a $15,000 cost savings in the first year and increasing by $2,000 each year for the next 7 years. At an interest rate of 6% per year, compounded monthly, what is the equivalent annual worth of the saving..

  Proper current cost of this investment

If the Federal Reserve has set the risk-free interest rate at 8 percent, Illustrate is the proper current cost of this investment.

  Consider the case of gold standard economy

Consider the case of a gold standard economy, What effect would you expect an increase in the price of gold to have on the level of domestic real GDP, and why? What effect would you expect the change in real GDP to have on net exports?

  Incentive to conduct operations at a domestic level

What is the corporate tax rate compared to individual tax rates? Please explain. Do large corporations have an incentive to conduct operations at a domestic level as opposed to outsourcing entities of the corporate to include employment?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd