Explain the differences among microcredit, conditional cash transfers, and unconditional cash transfers. Then explain how effective each policy has been.
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Explain the differences among microcredit, conditional cash transfers, and unconditional cash transfers. Then explain how effective each policy has been.
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- Urgently need. What does the two gap model of poverty trap say? Poverty arises when the rate of return on capital exceeds the growth rate of income. Poverty arises from the gap between savings and investment and can be remedied by foreign aid. Poverty arises when capital market imperfections restrict the amount individuals can borrow. Poverty arises when a country invests in the traditional sector with constant returns to scale, and not in the modern sector with increasing returns.How do the strategic asset allocations of investors with and without income from labour differ?Some microfinance institutions (MFIs) have moved from NGO to for-profit status. Discuss whether this transition is in the best interest of the people the MFIs were created to assist.
- “The most popular justification for the interventionist state is to create or ensure fairness and justice in the distribution of income...Income is not distributed. In a free society, income is earned.” Which economic perspective does the quotation above best represent? conservative positive analysis radical liberal libertarian Question 2 _____ is an assumption used in economics in which other relevant factors or variables are held constant. Ceteris paribus Scarcity rule Montani semper liberi Variable costs Marginal revenue maximizationSuppose that capital markets are imperfect and some workers face borrowing constraints (cannot obtain loan to finance their education at the market interest rate). What will be the relationship between marginal benefit and marginal costs of education for these workers? (c) The marginal benefit of an additional year of schooling will be lower than the marginal cost. (d) The marginal benefit of an additional year cannot be compared to the marginal cost.What do you think is the impact of ChatGPT on the economy and job prospects, and how could it potentially change the job market? How do economists view the use of generative AI models such as ChatGPT in terms of increasing shared prosperity and reducing income inequality?
- The government spends more money on transferpayments for the poor than on transfer payments for othercitizens.True_____ False_____Assume that you want to decide whether Country A or Country B to live You have only information about cumulative percentage of income distribution functions of (14)/(15)x^(2)+(1)/(15)x for country A and (11)/(12)x^(2)+(1)/(12)x for country B. A)Which country do you prefer and why? B)Prove your decision numerically,graphically, and with respect to relevant economics theory?Explain why a lump-sum government transfer can entice some workers to stop working (and entices no one to start working) while the earned income tax credit can entice some people who otherwise would not work to start working (and entices no one to stop working).
- Among the given choices, which of these is the incorrect statement? a. Female education helps reduce the fertility rate and child mortality rate. b. Improvement in female education and labor force participation helps break the vicious circle of poverty. c. Female education helps reduce participation of women in labor market activities. d. The rate of return on female education is higher than the rate of return on male education.Native-born workers may not be harmed by immigration if it Multiple Choice reduces wages and labor demand is inelastic. reduces the rate of return on capital. increases the rate of return on capital. causes production costs to rise.Suppose Fred's wage-schooling relationship is given by Years of Schooling Earnings 9 $28,000 10 $31,150 11 $33,700 12 $35,900 13 $37,400 14 $38,500 Derive the marginal rate of return schedule. When will Fred quit school if his discount rate is 5 percent? What if the discount rate is 10 percent?