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Is an unequal distribution of income and wealth a problem? Explain in short.
Yes: because specified no government intervention, which on very low incomes cannot afford necessary goods and services and therefore experience social exclusion. High inequality produces alienation, threatens social cohesion and encourages crime.
No: because low inequality implies minimal profits and minimal differences into incomes incentives are necessary to reward risk taking entrepreneurs and employees to undertake overtime and look for promotion. Wealth finally trickles down.
QUESTION (a) (i) Define the velocity of circulation of money. (ii) By comparing the Fischer's Quantity Theory of money and Keyne's Liquidity Preference Framework, explain cl
Pick a corporation. Create the same return column for the same 60 months for this corporation. For this 60-month period what is the correlation coefficient between the monthly ret
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example of an HMO with these types of set rates
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what are the steps in location decision.
What are the major problems in measuring national income? The major problems in measuring national income: a. Unreliable statistics data collection is costly and the figu
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