Why is the informal economy so important

Assignment Help Microeconomics
Reference no: EM133199618 , Length: Word count: 1 Page

Question: Why is the informal economy so important? Discuss the legal and ethical issues involved.

Reference no: EM133199618

Questions Cloud

Assess the organizations internal environment : Identify the most important strengths and weaknesses of your organization including an assessment of the organization's resources.
Explain the role of health education in health promotion : Explain the role of health education in health promotion. How is the nursing process used in developing health education? Describe a contemporary issue
Develop a personal branding plan for your chosen company : BUS 613 westcliff university. Define microblogging, then explain how you may develop a personal branding plan for your chosen company using microblogging.
How does the free rider problem factor in the olson model : How does the free rider problem factor in the Olson model? Walk through how that eventually comes to bear on institutional and political change.
Why is the informal economy so important : Why is the informal economy so important? Discuss the legal and ethical issues involved.
The human population is constantly increasing : Savannah State University-What do scientists estimate the carrying capacity of humans to be for the planet? The human population is constantly increasing.
Present a plan of care appropriate to the patient : Present a plan of care appropriate to the patient presenting with a respiratory disorder. Participate in simulation case debriefing with faculty
Why would a firm want to issue both preferred stock : Why would a firm want to issue both preferred stock and common stock rather than just one category of stock?
External organizational challenge of a company : Share a recent example from business news about an external organizational challenge, how the company addressed it (internal factors), and what you would do

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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