Q: “The most popular justification for the interventionist state is to create or ensure fairness and…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: A 1970s study of worker dissatisfaction found that the sources of worker dissatisfaction included…
A: An unhappy or negative state about work or the workplace is referred to as the term job…
Q: The increase in marriages in which both spouses have a high paying job is given as explanations for…
A: United states being the largest economy in the world and with a very high per capita income has been…
Q: The education sector depends on the death rate a. True b. False
A: Education and death rate are the two determinants of economic development as the explain the living…
Q: Some economists maintain that the returns to additional years of education is actually quite small…
A: The sheepskin effect is a phenomenon where the person with an academic degree or diploma gets higher…
Q: In many developing countries, livestock death and disease is considered to be one of the main…
A: Economics can be defined as the allocation of scarce resources in order to satisfy the consumer…
Q: In 2018, 10,500 individuals lived in the community of Strängsboda. Fifty-two percent were men. Of…
A: According to the question, Total Population = 10500 Number of men = 52% = 52% of 10500 = 5460 Number…
Q: If the minimum wage is set above the equilibrium wage, a supply and demand diagram of the…
A: The below graphs shows the scenario,
Q: Paying for sneakers using a credit card is an example of a person borrowing
A: A credit card refers to a thin rectangular piece of plastic or metal card issued by financial…
Q: The determination of the salaries of teachers would be a topic for microeconomics
A: Microeconomics and macroeconomics are the two categories of economics that study the problems in the…
Q: To ensure safety and efficacy, the Food and Drug Administration regulates the medicines that…
A: The Food and Drug Administration gives approval to medicines and pharmacies in the united states. It…
Q: As a Welfare Economics student, comment on how the county dividend should be allocated.
A: Welfare Economics is the study of how resource distribution affects a society's economic well-being.…
Q: What is the “natural experiment” that Acemoglu et. al. exploit? How does this help “identify” the…
A: A natural environment is a study that involves individuals being exposed to conditions that are not…
Q: What is the Haifa day care experiment? Why is the result surprising to economists?
A: Haifa's daycare experiment was conducted in 1998 by two economists in Israel. The result of the…
Q: Income tax payments are an example of ____.
A: Income tax is a form of tax that governments enforce on revenue generated within their jurisdiction…
Q: Benjamin Franklin said “I think the best way of doing good to the poor is not making them easy in…
A: Poverty is a situation where an individual is considered as poor as they are unable to fulfill their…
Q: High earners often employ others to do their domestic work. What economic concept reveals this to be…
A: The economics as a study is based upon the idea that the resources which the economies have are…
Q: Manuel grew up in Argentina but was able to attend UGA to get both his BS and MD degrees. He has…
A: Argentina is one of the top developing countries of the world situated in South America. The country…
Q: What is systemic initiative
A: Initiating is having the ability to take action independently which advances a series of actions.…
Q: Corporate leadership sometimes waits until after presidential elections in order to make major…
A: Economics is generally defined as the study of how any society manages its scarce resources and the…
Q: People who often create benefits for the minority and impose the cost on the majority are called
A: Special interest groups are those groups that work for the welfare of a particular area of special…
Q: The phenomenon of underutilization of labour during a recession is called
A: A recession is a period of economic activity that slows or stops completely. A recession is…
Q: In 1999, 4,860 TANF recipients were asked how many hours they worked in the previous week. In 2000,…
A: Employment rates are defined as the rate being used as a measure of the extent to which available…
Q: the division of knowledge is:
A: The cognitive divide is the gap between those who can find, create, manage, process, and exchange…
Q: Compare and contrast Say's law with Kemudian economics.
A: Aggregate demand refers to the demand for final goods and services by all sectors in the economy.…
Q: Women's empowerment movement eyes 40% of government spending accreditation .Last year the South…
A: Desclaimer:- as you posted multiple questions we are solving the first one only. 40 % spending on…
Q: The net welfare effects rate is a. area b + d b. area b + d + e c. area e d. area e - b - d
A: World price is Pw. The PT is the price after tariff.
Q: If economic advisers are only interested in maximizing social welfare, would they support the policy…
A: When the economy is in a Pareto efficient state, social welfare is maximized. Since no money can be…
Q: How do we calculate the value of a statistical life?
A: The value of a statistical life refers to the rate at which individuals trade money in return for…
Q: Women’s empowerment movement eyes 40% of government spending accreditation …Last year the South…
A: Commercialization is the process of introducing new products in the market to increase competition.…
Q: There is an increase in meat prices due to the reduction in the number of cows which is a causal…
A: A relationship is a state of being connected with individuals, things, or situations.
Q: A number of professional associations, such as the American Medical Association and the American Bar…
A: Regulations:Regulations are the set of rules or guidelines that everyone has to follow. If any…
Q: Managerial economics is based on the principles of: PLEASE EXPLAIN A. Monetary economics B. Public…
A: Managerial economics is a field that applies economic theory and methods to business administrative…
Q: According to the signaling hypothesis, signaling about job openings occur in help wanted classified…
A: According to Wikipedia ,signalling is the idea that one party credibly conveys some information…
Q: Proponents of socialism contend that it willa. prevent workers from exerting significant control…
A: Meaning of Economics: The term economics refers to the situation under which there remain…
Q: 35 of 178 countries—about 20 percent—grant their residents significant economic freedom. The rest do…
A: Economic freedom, often known as economic liberty, refers to a society's citizens' capacity to…
Q: What is the importance of the phrase "Invisible hand" Introduced by Adam Smith in his book "The…
A: The distribution of resources emerges as a challenge to a society that is resources in a finite…
Q: There are three groups of citizens who visit a beach. Group C, which is the farthest away, has to…
A: Here, it is given that three groups of citizens pay different charges to visit the beach due to the…
Q: PARTIAL EQUILIBRIUM MODEL P НОME P FOREIGN S Q
A: (a) Excess demand where at price P1 demand is more than the supply in the home. Excess supply where…
Step by step
Solved in 2 steps
- An economist who studies the sales and profits of a large corporation would be classified as a(n) a. social economist. b. equity analyst. c. stock broker. d. microeconomist. e. macroeconomist.What is the “natural experiment” that Acemoglu et. al. exploit? How does this help “identify” the role of institutions?In 1999, 4,860 TANF recipients were asked how many hours they worked in the previous week. In 2000, 4,392 of these recipients were again subject to the same TANF rules and were again asked their hours of work during the previous week. The remaining 468 individuals were randomly assigned to a “Negative Income Tax” (NIT) experiment that gave out financial incentives for welfare recipients to work and subjected them to its rules. Like the other group, they were asked about their hours of work during the previous week. The data from the experiment are contained in the table below.(attached)a. What effect did the NIT experiment have on the employment rate of public assistance recipients? Develop a standard difference-in-differences table to support your answer.b. What effect did the NIT experiment have on the weekly hours worked of public assistance recipients who worked positive hours during the survey week? Develop a standard difference-in-differences table to support your answer.
- Nancy returns to school to study medicine. After graduating during an economic boom, she spends six months looking for a job. During this period, she is considered...A researcher finds that low-income families who sign up for job training and counseling services are 90% less likely to become homeless. Is this convincing evidence that these programs help prevent homelessness?The five force model is a framework
- One of the primary causes of poverty in many developing nations is thought to be cattle mortality and disease. An optional system of livestock disease insurance, according to anti-poverty proponents, would increase the animals' general security and well-being. Assess the claim that cattle that has illness insurance will, on average, be healthier using economic principles.The study of economics was known by what name from its earliest inception? political science sociology political economy physiologyConsider three ways of helping poor people to buy food, clothing, and shelter. The first way is to pass laws setting price ceilings to keep these basic goods affordable. The second is to have the government distribute coupons that give poor people a discount when they buy these necessities. The third is for the government to distribute income to poor people. Explain which programme is more likely to have a Pareto-efficient outcome, and explain why the other programmes are less likely to be Pareto-efficient.