What is the economics of the american dream

Assignment Help Macroeconomics
Reference no: EM131751037

Writing Assignment

Carefully listen to the program and/or read the transcript entitled "Is the American Dream Really Dead?" and use your own words to write a brief commentary based on the following instructions.

1. Start your commentary with an introduction - a short paragraph which summarizes the main points of the program.

2. Next, you are asked to comment on the following issues more specifically:

(1) What is the American Dream and what is the economics of the American Dream?

(2) What does Prof. Raj Chetty study and why is his research important? Based on his findings, in the US, what percentage of children from the bottom 20 percent income bracket actually make it to the top 20 percent? What are the numbers for other countries? Is it true that "the American Dream" might as well be called "the Canadian Dream"?

(3) What was the "Moving to Opportunity" (MTO) program implemented in the 1990s and what was the main purpose of the program? What did researchers initially conclude from the MTO experiment? And what significantly different results did Chetty find while re-evaluating the MTO data? Do you think the MTO type of program could be effective for the whole country?

(4) According to Chetty, what are the five significant factors which might enhance the probability of achieving the American Dream and how specifically could each factor affect our upward income mobility?

(5) So, do you think the American Dream is still alive? And do you know any person in your life who actually achieved the American Dream?

3. The last paragraph is the conclusion. You should summarize the main points raised in your commentary. Also, be sure to provide your own interpretation or critique of the main issues. Do you generally agree with the program on the main issues? Explain why or why not.

Length of your paper: Minimum 2 pages and maximum 4 pages of text, Times New Roman 12-point font, double-spaced, with 1 inch margins on all sides. (Failure to comply with these requirements will result in an automatic deduction of 10% of your paper grade.)

You must work independently and write up your own paper. Make sure that you use your own words and do not use any material from any outside sources for your paper. Please note that I reserve the right to use on-line databases such as turnitin.com to check the authenticity of your writing. As indicated in the course syllabus, I want to emphasize that plagiarism is a very serious academic offense and will result in an F for the course and other disciplinary action.

You may come to me at any time if you have any questions regarding your writing assignment. In fact, I strongly urge you to come by my office hours or make an appointment to see me - I will be happy to go over your writing with you.

1. Start your commentary with an introduction - a short paragraph which summarizes the main points of the program.

2. Next, you are asked to comment on the following issues more specifically:

(1) What is the American Dream and what is the economics of the American Dream?

(2) What does Prof. Raj Chetty study and why is his research important? Based on his findings, in the US, what percentage of children from the bottom 20 percent income bracket actually make it to the top 20 percent? What are the numbers for other countries? Is it true that "the American Dream" might as well be called "the Canadian Dream"?

(3) What was the "Moving to Opportunity" (MTO) program implemented in the 1990s and what was the main purpose of the program? What did researchers initially conclude from the MTO experiment? And what significantly different results did Chetty find while re-evaluating the MTO data? Do you think the MTO type of program could be effective for the whole country?

(4) According to Chetty, what are the five significant factors which might enhance the probability of achieving the American Dream and how specifically could each factor affect our upward income mobility?

(5) So, do you think the American Dream is still alive? And do you know any person in your life who actually achieved the American Dream?

3. The last paragraph is the conclusion. You should summarize the main points raised in your commentary. Also, be sure to provide your own interpretation or critique of the main issues. Do you generally agree with the program on the main issues? Explain why or why not.

Length of your paper: Minimum 2 pages and maximum 4 pages of text, Times New Roman 12-point font, double-spaced, with 1 inch margins on all sides. (Failure to comply with these requirements will result in an automatic deduction of 10% of your paper grade.)

You must work independently and write up your own paper. Make sure that you use your own words and do not use any material from any outside sources for your paper. Please note that I reserve the right to use on-line databases such as turnitin.com to check the authenticity of your writing.

Reference no: EM131751037

Questions Cloud

What are some recent trends in supply chain management : 1. What is a supply chain?2. What are some recent trends in supply chain management?3. What are the elements of supply chain management?
Find the probability of a type ii error : Consider a hypothesis test of H0: µ = 800 versus H0: µ, 800 with a = 0.025. Find the probability of a type II error and the power of this test for µ = 775.
Write a page paper collectivism versus individualism : Write a 2-page paper Collectivism versus individualism. Divide the topic into sub-topics and use sub-headings and explain based on situations.
Create screenshot of your sql statement : Create a screenshot of your SQL statement and its output, with your username showing.
What is the economics of the american dream : What is the American Dream and what is the economics of the American Dream? What are the numbers for other countries?
Example of time you managed numerous responsibilities : Give me an example of a time you managed numerous responsibilities. How did you handle that?
What were the best practices that impressed you most : How can you apply these best practices to the public health organization you have chosen for your course project?
Case study - cutting edge : Employees contact these records and benefits centers to obtain information about dental plans and stock options, change tax forms and personal information
How are information systems improving operations at disney : Describe the “command center” at Disney. How are information systems improving operations at Disney?

Reviews

Write a Review

Macroeconomics Questions & Answers

  What is the government budget balance

What is the government budget balance? Does the government have a budget surplus, budget deficit, or balanced budget?

  Who wants to buy jellystone to run his business

There is a timber developer who wants to buy Jellystone to run his business. He is offering $100 million for the park. Should the park be sold

  What is a black swan event

1. What is a Black Swan event? 2. Does it ever make sense a priori to devote resources to preventing a black swan event? Explain. 3. Does it ever make sense a priori to devote resources to containing a black swan event should one occur? Explain.

  Determine the tragedy of the commons contemporary example

Determine the Tragedy of the Commons, which gives a contemporary example, and offer a potential solution.

  Outline the extent to that you expect regional economic

Outline the extent to that you expect regional economic integration to occur in Europe, Asia.

  If apple ipod only played itunes, and itunes only could be

If Apple iPod only played iTunes, and iTunes only could be heard on the Apple iPod, could Apple price the technologically integrated bundle any way they wanted? If other electronic music can play on an iPod, what determines whether there are any limi..

  Is the demand for the goods or services elastic or inelastic

Elasticity of Demand Interview an owner or manager of a local business about the effects of recent price increases for a product. Is the demand for these goods.

  Characterize the long run equilibrium of a perfectly

Characterize the long run equilibrium of a perfectly competitive industry in which average costs are U-shaped as output increases, under both restricted and free entry.

  Coinstar a sleeping giant awakenswhat competitive

coinstar a sleeping giant awakenswhat competitive alternatives are there to products coinstar offers? do these

  Describe which position you support and defend your position

Evaluate both the advocates' position and the critics' position. Determine which position you support and defend your position. Cite a minimum of 3 peer-reviewed sources not including your textbook.

  Why no part of the change is due to the income effect

If my optimal choice for two goods (cookies and milk) is different from two different weeks (for example, week one is C:8,M:16 and week two is C:16,M:16) BUT INCOME IS THE SAME throughout all weeks ($8).

  What is the role of government

What is the role of government? Explain the microeconomic and macroeconomic policies of the government.

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