Discuss the implications of Income Distribution in terms of Skill in the Labour Market?

Q: What is the difference between an absolute and a relative poverty threshold?

A: There are some sections of an economy that are deprived of the basic necessities of life due to a…

Q: Why some countries are really poor? Please draw the cycle of poverty and explain this cycle at least…

A: Some countries have low employment,investment,saving,capital formation etc. Therefore they have…

Q: What are the relationship between the migration and the income inequality? Does it affect the…

A: Economic inequality may take many forms, the two most common of which are wealth and income…

Q: Why it is important to investigate the relationship between migration and income inequality?…

A: Income difference (determined by the number of money individuals are paid) and wealth inequality are…

Q: What does the following measure? The percentage of people with an income below a certain level?…

A: Poverty line: - Poverty line is the minimum income level that is considered compulsory or necessary…

Q: List the causes of structural poverty?

A: Poverty is about not having enough money to meet individuals' basic needs, including food, shelter,…

Q: Differentiate Income Distribution and Wealth Distribution as well as discuss the different causes of…

A: Income distribution refers to equality with which income is divided among different sections of the…

Q: How does a typical worker decide how many hours to allocate to the labour market? Why did the labour…

A: A person who is being employed or carrying certain work for a specified payment and time is known as…

Q: What is the recent policies for Health, Education and Income Generation which do you think can…

A: ▪︎Recent Health policy - Health authorities in the United States draught legislation to safeguard…

Q: What are some reasons why a certain degree of inequality of income would be expected in a market…

A: Income inequality describes that how unevenly the income is distributed in the economy. Uneven…

Q: Briefly discuss three main approaches to the child labour policy.

A: Understanding of Child labour On the other hand, the work of children can be seen in a wide variety…

Q: How can we reduce the number of low-income workers and increase the number of middle-and…

A: There are many factors like education, training, health services, etc. that can decrease the number…

Q: Migration and income inequality is negatively related or positively related? Why

A: Income inequality basically refers to how unevenly income is distributed within a population. The…

Q: How is food security and employment linked to poverty?

A: Poverty is basically described as a lack of enough financial resources to meet basic needs such as…

Q: how does the TANF attempt to loosen the poverty trap

A: The TANF is the Temporary Assistance for Needy Families is a government policy in which the…

Q: Explain how our economic transition is affecting the national income distribution.

A: Economic transition is mainly a process in which the economy makes a transition from a centrally…

Q: How does the poverty cycle affect women uniquely? How does a lack of power or resources affect the…

A: Feminization of poorness refers to a trend of skyrocketing difference in living standards between…

Q: What is the difference between income inequality and wealth inequality? Can a household with a high…

A: The economic wealth is the procession of the ability to enjoy the small, ordinary pleasure of life.…

Q: Absolute poverty may differ from country to country by    a. income brackets b. health metrics c.…

A: When talking about absolute poverty, it does not only depends upon living standards based on…

Q: Are economic inequality and national income related? Explain

A: Economic inequality refers to the situation where the economic factors are unequally distributed…

Q: he following table summarizes the income distribution for the town of Perkopla, which has a…

A: Net income alludes to the sum an individual or business makes in the wake of deducting expenses,…

Q: Part A: For each entry, compute the equivalent household income (Round to the nearest dollar) .…

A: Income Household size Per household income Above poverty line 24480 1 24480 no 32528 2 16264 no…

Q: graphically explain the effects of an increase in non-labour income to labour supply.

A: Labor supply is an upward sloping curve because with the increase in wages, the supply of labor…

Q: Define poverty line ?

A: There is minimum level of income required in a particular country.

Q: Is progress being made in the fight against poverty?

A: Poverty is a state or situation in which a person or a community does not possess enough financial…

Q: What is the Impact of Migration and Migrant Remittances on Household Poverty in Bangladesh?

A: Human relocation includes the development of individuals starting with one spot then onto the next…

Q: what happens to fixed income when per capita income increases ? What implications does this have on…

A: Introduction: Fixed income securities are those that pay fixed interest or dividend payments to…

Q: Why we need to investigate the relationship between migration and income inequality? Explain.

A: There are several types of economic inequality, the most common of which are income disparity…

Q: When does absolute poverty exist? Do we see this in the Philippines? defend your answer

A: Poverty is the condition where a person is not able to maintain a minimum standard of living.…

Q: Analyse and elaborate the factors determining the wage rate in the labour market.

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: What is the meaning of the poverty??

A: Economic development refers to an improvement in the economic well-being and quality of life of a…

Q: What are the effects of unemployment on income distribution?

A: Unemployment has bad effects on income distribution. Due to unemployment,some people have very high…

Q: Dina and Charles are married, under the age of 65, and have two children under the age of 18.…

A: "Poverty refers to the condition where a household is deprived of basic and necessary goods because…

Q: How significant the relationship of migrant workers and income inequality

A: Inequality means the unequal distribution of resources between groups of members. The people are…

Q: Why the research of migrant workers that affect the income inequality is important to the community,…

A: A migrant worker is someone who migrates for work either inside or outside of their own country.…

Q: Does migration cause poverty? Explain.

A: In economics, migration refers to the situation when people move from one country to another country…

Q: Is progress being made in the fight against poverty? Why or why not?

A: Poverty is a situation or condition in which a person or a group lacks the financial means and…

Q: How is significant the relationship between migration and income inequality to the community, the…

A: Income Inequality refers to the condition where people residing within a specific area has unequal…