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Question: Income Gap Growing In 2009, people in the highest quintile had 24.6 times as much market income as those in the lowest quintile, but after taxes and transfers the people in the highest quintile had 9.1 times as much income as those in the lowest quintile. In 1989, the people in the highest quintile had 7.2 times more income after taxes and transfers than those in the lowest quintile. In 1990, 82.9 percent of the unemployed received unemployment benefits. In 2009, 47.8 percent of the unemployed received unemployment benefits.
How have changes in Employment Insurance changed the income gap between the richest and the poorest Canadians?
Suppose there is an increase in college enrollments, which causes an increase in the demand for textbooks.
How does a price ceiling undermine the rationing function of market-determined prices? How could rationing coupons insure that consumers with the highest values get the limited amount of a good supplied when government prices ceilings create shortage..
The demand for personal computers can be characterized by following point elasticity = -5, cross-price elasticity with software = -4, and income elasticity = 2.5. Indicate whether each of following statements is true or false, and describe your an..
In 1966 a new fab cost $14 million. By 1995 the price had risen to $1.5 billion. Today, says Intel, the cost of a leading-edge fab exceeds $6 billion. Why would the rising costs of chipmaking machines lead chipmaking companies, such as Intel, to b..
consider the advantages and disadvantages of the european union adopting a common currency and determine if this move
1. Why is there such a difference in Asia's share of global real GDP, depending on whether the computation uses purchasing power parties or exchange rates 2. Why is Asia's "economic size" so much smaller on a per capita basis than on an absolute ba..
barron chemical uses a thermoplastic polymer to enhance the appearance of certain rv panels. the initial cost of one
During the country's current economic malaise, along with that of our local economy, what can individuals and businesses do to help get by financially, get a job, or promote economic activity?
Assume the economy is initially in a short-run equilibrium at a level of output below full employment. Use the IS-LM model to graphically illustrate: 1. how the economy will adjust in the long-run if the no-policy action is taken. 2. if fiscal policy..
Why do firms experience diseconomies of scale as they increase production volume? How might firms "avoid" experiencing diseconomies of scale?
1 this christmas bobo can either go on a vegas vacation v go on a road trip r or study economics e.nbsp he can also
What is the future worth of a series of equal monthly payments of $5,000 if the series extends over a period of six years at 9% interest compounded?
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