Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Imagine a country divided into four equally sized classes, poor, lower middle, upper middle, and upper. Within each class, incomes are the same. Imagine incomes of the poor class increase by 20%, of the lower middle class increase by 30%, of the upper middle class increase by 27%, and of the upper class increase by 23%. Assume the average increase in income is 24.5%. Further, assume the class orderings are unchanged, and that population size has not change. Has inequality increased, decreased, or changed in an unrestricted way, according to the Lorenz criterion? Justify your answer fully. [Hint: beware of solving this question using an example distribution. For example, if you use (100,200,300,400) and then apply the changes, you realize the mean went up by 25.3%, not 24.5% as stated in the question. This exercise can be solved just by using the definition of the Lorenz curve; it helps to focus on the bottom and top income segments.]
q.consider two neighboring island countries called bertland and ernamia. they each have 4 million labor hours available
In what situations will a court impose a strict liability standard instead of a negligence standard? Provide a real-world example of a strict liability case. Is imposing this standard fair? Are strict liability standards fair as a general rule?
Consider the following potential events that might have taken place at Global Conglomerate on December 27, 2012. For each one, indicate which line items in Global's balance sheet would be affected and by how much. Also indicate the change to Global's..
q1. during the purchasing decision evaluation stage the consumer forms preferences among the brands in the choice set.
Why are local tax bases more elastic than national tax bases? Give an example, and explain other possibilities that may make the tax base more elastic.
Explain demand schedule and demand curve, and how they are related? Why does the demand curve slope downward?
Elucidate how many car companies will buy a latest car assembly machine. Interest payments are made once a year.
Who are the stakeholders involved when it comes to the economic demands and society's expectations of post secondary education?
The companys marketplace department estimated a linear demand function for Border's picante sauce:
In regard to developing countries, if American foreign policy makers have to choose between supporting an election that brings to power an anti-American government or supporting a dictator who is pro-American, which should they choose, and why? ? How..
This focuses on the relationship between inputs and output. Different production curves are presented. But the intensity of current global competition often requires managers go beyond the traditional production curves.
What would happen if suppliers charge less than the equilibrium price for your good or service.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd