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Answer must be correct. Answer within 25 minutes. Do all step . I will give you 2 upvotes.
1. When can inequality be a good thing? Explain
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- To reduce income inequality, should the marginal tax rates on the top 1 be increased?what do each of the school of economics - classical, neoclasscial, austrian, marxian, keynesian, institutionalism, chicago, behavioural, feminist, buddhist, ecological and evolutionary economics think about income inequality and what there proposed solutions?True or false Recall we visited the Kabura family in Burundi by taking a stroll down Gapminder’s Dollar Street. The dollar values assigned to each household’s income by Gapminder’s Dollar Street account for the kids’ consumption in the household by using an adult equivalence scale. If we increase the incomes of everyone in an economy by an exact proportion, the Gini coefficient of inequality will increase by that same proportion.
- Social inequality has material and ideological roots. Explain and provide an examplesAs coronavirus deepens inequality, inequality worsens its spread. Explain with comprehensive what the government can do to overcome or at least minimize the problems raised in the articleHow much age affects inequality? Is there something the government can do about younger and older people's incomes?
- Why would income inequality be as damaging as poverty? Explain each concept.List the economic problems that produce inequality?Suppose Inequality decreases without growth of mean incomes. What may likely happen to poverty? Suppose growth of mean income occurs without a change in inequality. What may likely happen to poverty? Explain Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
