Reference no: EM13861967
1. This question refers to income distribution.
(1) what is a Lorenz curve? Draw one, labeling the axes
(2)Explain why a Lorenz curve can never lie to the left or above the 45 degree line
(3)Using a Lorenz curve diagram, explain how to calculate the Gini coefficient
2. What is the Multidimensional Poverty Index and how is it a more improved measure of poverty?
3. How can you encourage people in developing countries to have fewer children?
4. Explain the reasons for the hidden momentum of population growth and state its implication for population levels.
5 what is meant by the demographic transition? What are the differences in the demographic transition between the current developed economies and developing countries?
6. Suppose the rural wage is $1 per day. Urban modern sector employment can be obtained with 5 probability and pays $2 per day. Will there be any rural-urban migration? Explain your reasoning, stating explicitly any simplifying assumptions, and show all work.
7. point out the main differences in job conditions and worker characteristics between the urban formal and informal sectors.
8. Describe some of the benefit and costs associated with the emergence of large cities in developing countries.
9. What is human capital and why is it crucial to expand human capital as part of the development process.
10. What are the critical health challenges facing developing countries today and what measures are being taken to confront these challenges? Explain your answer.
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Bundle of cigarettes and coffee that iggy could trade for
: Iggy only consumes two goods: coffee and cigarettes. Three cigarettes can be traded for one cup of coffee in a free market, or one cup coffee can be traded for three cigarettes. Iggy initially has 12 cigarettes and 5 cups of coffees. Find an equation..
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Us economic recession
: In most recent US economic recession (2008- 2009), if policymakers had taken no action, how would the economy have evolved over time? Explain in words and refer to the AD-AS model. Answer should be in 280 words
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Two ways to get the money
: Assume that you have two ways to get the money, one way is to have it at present, so PV=10,000, another way is to get it in the future, so FV=11,000. Which one would you like to choose ? Why?
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Zero-coupon bond with a yield to maturity
: Suppose you purchase a 30-year, zero-coupon bond with a yield to maturity of 6%. You hold the bond for five years before selling it. a. If the bond's yield to maturity is 6% when you sell it, what is the internal rate of return of your investment?
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What is a lorenz curve draw one, labeling the axes
: 1. This question refers to income distribution. (1) what is a Lorenz curve? Draw one, labeling the axes (2)Explain why a Lorenz curve can never lie to the left or above the 45 degree line (3)Using a Lorenz curve diagram, explain how to calculate ..
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What will be the book value of the purchase after first year
: What will be the book value of this purchase (excluding all other Plant and Equipment) after its first year of use? Use generally accepted (FASB) accounting principles.
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Interest rate quoted as an effective annual rate
: Suppose your Zimbabwean bank account pays interest monthly with the interest rate quoted as an effective annual rate (EAR) of 50%. (a) What percent interest will you earn each month? (b) Suppose the weekly inflation rate in Zimbabwe is 1%. What is th..
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Clarissa''s utility function i
: Clarissa's utility function is U(r, z) = z + 160r - r^2, where r is the number of rose plants she has in her garden and z is the number of zinnias. She has 250 square feet to allocate to roses and zinnias. Roses each take up 4 square feet and zinnia..
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National defense rather than state governments
: List the three most important expenditure programs of the federal government. How do these differ from the three most important expenditure programs of state and local governments? Explain why it makes more sense for the federal government to purchas..
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