Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Microeconomics Expert

1) By using the quintiles, sum up in brief the degree of inequality of income in the United States. describe the criticisms that have been made of the standard Census Bureau data on income inequality? describe how and to which extent does the government provide some sort of contribution to the income equality?

2) describe why the lifetime distribution of income is more equal as compared to the distribution in any specific year?

3) Discuss the major causes of income inequality in brief. With respect to the income inequality, describe if there is any kind of difference between the inheriting property and inheriting the high IQ? 

4) Which factors should have contributed to high income inequality since the year 1969?

5) Use ‘leaky bucket analogy’ to discuss the efficiency of equality trade-off.  Describe how welfare reform (TANF) has degraded the leak.

6) describe should an income of nation be distributed to its members as per their contributions to the generation of that total income or to the requirement of members’ needs? Whether a society attempts to equalize the income or the economic opportunities? Whether issues of the equity and equality within the distribution of income synonymous?  Up-To what degree, if any, is income inequality equitable?

7) describe in detail: ‘There need to be no trade-off between the equality and efficiency. An “efficient” economy which generates an income distribution which many regard as the unfair may cause those with meager income rewards to become discouraged and stop trying.  So, efficiency can be undermined. A fairer distribution of the rewards can produce a higher average productive effort on the part of population, thus improving the efficiency. If people consider that they are playing a fair economic game and this belief makes them to try harder, an economy having an equitable income distribution can be efficient as well.”

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M912191

Have any Question? 


Related Questions in Microeconomics

Microeconomicsdiscussion forumnote the video has closed

Microeconomics DISCUSSION Forum Note: The video has Closed Captioning. To activate it, start the video, mouse over the bottom of the video and click on the CC icon, then select from the menu. Note: The video has Closed C ...

Short-run economic fluctuationsplease have by 800 pm west

Short-Run Economic Fluctuations Please have by 8:00 pm west coast time cailfornia time 12/13/2016. Plagrism free, orignal work, and refs. APA format double space. please ask questions right away please dont wait to the l ...

Instruction please answer all questions all questions carry

Instruction: Please answer ALL questions. All questions carry equal marks. Please do not write over 2000 words for the entire assignment. 1. a. Using the graph shown, analyze the effect a $300 price ceiling would have on ...

Assignment questionsque1 why validation of the software

Assignment Questions: Que.1 Why validation of the software requirement is necessary? List some conditions that should be checked in the validation phase of software requirement. Que.2 Six Sigma is used to reduce the defe ...

Assignmentchoose one of the readings from chapters 14 15 or

Assignment Choose one of the readings from chapters 14, 15, or 16 and summarize, explain, and evaluate the main points of the reading in a minimum of 3 paragraphs. Do not simply cut and paste from the reading, but summar ...

Economic term paperempirical project the research project

Economic Term Paper Empirical Project The research project should be about 10 pages and should explain your data collection, model, and findings. The project (due by the final exam date) is worth 30% of your final grade. ...

Description of assignmentreport paper basisstudents work

Description of Assignment: Report Paper basis. Students work together to research and profile a particular in Microeconomic policy: the property tax in the United States. Grading Criteria (What constitutes a good assignm ...

Essay questionyour manager knows that you have completed a

Essay Question Your manager knows that you have completed a course in Purchasing and Materials Management. Your manager would like you to write an essay for your fellow workers about the key purchasing/ supply management ...

Assignmentthere is the widespread notion that economists

Assignment There is the widespread notion that economists rarely agree with each other. This seems perplexing when we note also that economics is often called the "Queen of the Social Sciences" (meaning that it is the mo ...

Assignmentyou have been asked to assist your organizations

Assignment You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions. Write a 1,050-word analysis that includes the following: • The impact the theo ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro