What is about income inequality

Assignment Help Microeconomics
Reference no: EM133662601

Assignment:

  • This assignment is about income inequality.
  • Select an economy, it can be a country, a state, or a city.
  • Find the Gini coefficient of that economy in a recent year. (Income inequality is measured by Gini coefficient, with the value between 0 and 1.
  • Higher value represents greater income inequality.)
  • Discuss the reason(s) for a high/low level of income inequality.
  • Discuss how such level of income inequality will affect the society in the future.
  • Remember to include links, graphs and pictures in your assignment.

Reference no: EM133662601

Questions Cloud

What practical steps can be taken to address the issues : How do you believe the health care system should respond to these inequities--what practical steps can be taken to address the issues?
How much governmental control should there be : To the degree that you think the government should play some role in keeping the beaches safe, how much governmental control should there be?
What did you hear in the video of unnatural causes : Summarize the video of unnatural causes, in sicknesss and health. What did you hear in the video of unnatural causes of in sickness and health?
What policy change could result from your actions-responses : Base your Response in caring incorporating the caring concepts of Roach or Mayeroff. What policy change could result from your actions/responses?
What is about income inequality : Find the Gini coefficient of that economy in a recent year. (Income inequality is measured by Gini coefficient, with the value between 0 and 1.
What nursing assessment findings are expected : Based on an interpretation of the ABG results, what acid-base imbalance is occurring? What nursing assessment findings are expected?
What is this an example of monetary or fiscal policy : In this information, what group is making changes? What changes were made? How does that help the economy?
What amount of tax is supposed to be withheld : What amount of tax is supposed to be withheld from that payment under the backup withholding rules?
What is canarys current-year cost depletion deduction : Canary mined 150,000 tons and sold 110,000 tons during the current year. What is Canary's current-year cost depletion deduction

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