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!
Assume you have the following income distribution data for the residents of Disneyland:
Pluto
$15,000
Donald Duck
$20,000
Ticket Taker
$5,000
Minnie Mouse
$25,000
Mickey Mouse
$35,000
1. The percentage of Disneyland income held by the lowest quintile is 15%. True or false, and why? 2. Assume that a perfectly equal distribution of income existed in Disneyland. Which of the current residents would have the same income he or she has in the present distribution? 3. Now assume that Mickey Mouse becomes a meanspirited authoritarian dictator. His income is $99,996. Each of the other characters receives $1. Describe what this income distribution would look like on a Lorenz curve.
How income may change savings behavior
What is the difference between contractionary and expansionary monetary policy?
Describe unemployment and the unemployment rate. Might we be able to say "Job Stats: Too Good to be True?"
True/False: For each of the following concepts, decide whether it's true or false, and briefly explain why (2-3 sentences). You can also use diagrams if they are helpful. Each correct answer is worth.
"If every employer hired its best qualified applicants for a job at every opportunity, the phenomenon of black poverty (as distinct from poverty) could be wiped out in ten years." Do you agree/disagree? Comment.
Question based on Derive and compare demand curve, Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?
In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?
Describe the Soviet Rapid Development Model
Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.
Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.
What were some of causes of stagflation of 1973 and 1979? In what ways were these episodes of stagflation different from great depression of the 1930s?
Application of Nash Equilibrium and Game Theory with examples
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