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Problem 1
Please discuss the following statements brie?y. Use the materials from class to provide arguments to support and / or refute the statements. Please note that some elements of each statements may be correct and others incorrect. Draw a picture or diagram if that helps to make your point. State your assumptions.
1. Provide two reasons Why income inequality rises with city size. Explain the logic of each reason.
2. Explain precisely what a Gini coef?cient is, and why the coe?icient is a measure of inequality.
3. The Davis and Dingel model (Comparative Advantage of Cities) says that the relative supply of high skill workers will be higher in larger cities because of the greater availability of cultural amenities there.
4. There are many more poor people in large cities than small because large cities are just not well-suited to people with little education or marketable skills.
By what dollar amount did the M1 money supply change as a result of this single, isolated transaction?
determine if the firm is operating in the short run or the long run. old york & company, a women's retailer, is not under a wage contract with its employees, but it is currently in a one year lease at its mall location.
What are the causes of the current slow economic growth in developed economies? Explain in detail with provide examples
In the United States, for example, there is a wealth of historical information by which to make such estimates. What are the perils of historical premiums?
With regard to consumerism, immigration, and nutrition, where do you find their critiques compelling.
Ben's Bonanza is a firm in this competitive market for x. The firm's production function is x =
1. What market structure does Philippines adapted? Site two specific examples and compare how their business works.
Assume only two countries, China and the US. If China decides to stimulate growth through a policy of running a large export trade surplus, does China’s national savings increase? Show the relationship between China’s national savings, domestic inves..
Think about the complexity of an iPhone or other electronic products like the gaming consoles. Why might a company release a new technically complex
What factors account for the regional inequality as measured in GDP per capita between Portugal and Germany historically
What will the income of the two countries be when it is equal?
Ives LeFancy and Donna Gabbana are two top fashion designers who own stores on Trendy St. Each has to decide whether to present their ‘ready-to-wear’ collection at the Los Angeles Fashion Week (L.A.) or at the New York Fashion Week (N. Y.) (they can ..
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