Refer to the following table to answer the next seven questions. P $10 D 30 30 Using the table, what is the average tax rate for someone who makes $77,000 per year? 13.0% 28.6% 17.2% 22.1% 19.4% Between now and 2050, the number of workers per Social Security beneficiary is predicted to be more than 5.. O less than 3 but more than 2. O less than 5 but more than 4. less than 2. less than 4 but more than 3.

Domestic low-skilled workers each work 1,920 hours a year on average, and they receive $8 per hour. Suppose that, statistically, for each 10 % rise in the number c employed immigrants in low-skilled jobs, the annual number of hours worked by domestic low-skilled workers falls by 3%. At the same time, their wage declines by 1%. There are 300,000 Immigrants working in low-skilled jobs, and 120,000 more are about to come, all of whom will also find low-skilled jobs. Calculate the drop in annual income of an average domestic worker in dollars. Enter your answer as a positive number in the box below and round to two decimak places if necessary. Round your intermediate calculations to two decimal places.

8. The total population of a country is 1 million. Of this 120,000 are pensioners (retired), 160,000 are below the age of 16 and about 20,000 cannot take up a job because either they are under institutional care or hospitalized and unfit to work. About 14,000 do not want to take up a job (therefore they do not even look for a job for a long period of time) and about 7,000 are estimated to be on average in a state of a change in their life and employment (however they are actively looking for employment). The economy is subject to high seasonal variations therefore at the month of January (at which the current labour survey is contacted) about 70,000 summer period employees (working in the tourist industry) are temporarily out of work, waiting to be called back to work in March when the season begins. 12,000 are out of work and are actively looking to find a job while an additional 3,000 are newcomers in the labour force who have been given a job offer and are expected to start working…

987,156 Currently Working 9845 (ages 13-14) looking for work 23,000 volunteer workers 12,000 (ages 15) looking for work 45,600 Part-Time workers 56 family workers who worked 15 hrs a week 6543 Discouraged Workers 67,890 laid off receptionists looking for work 234 Self-Employed 67,432 (ages 23-25) looking for work 544,321 (ages 16-20) looking for work Current population is 6,000,000 5654 Temp Workers 543 recent university graduates that are going back to graduate school 5000 armed forces 3500 institutionalized 3 (c) Suppose that 20,000 of the employed switches to jobs in the underground economy. When interviewed by STATIN, 50% of these switchers report that they are not working and not seeking work, while the other 50% report that they are not working but seeking work. Explain what happens to the official unemployment rate and the "true" unemployment rate. (d) Illustrate and carefully explain the impact of an increase in the income tax rate from 25 percent to 35 percent on the demand…

Suppose that workers have 4 levels of productivity. High is 12, middle is 6, low is 3, and trump is negative 1000. The value of time in leisure is half that of productivity. High and trump productivity workers are 10 percent of the labor force. Middle productivity is 30 percent and low productivity is 50 percent. What is the equilibrium wage? Is there adverse selection?

What does poverty look like in Ethiopia country? Correlates the cost of medical care with annual income in Ethiopia such as  Infectious and chronic disease incidence, Health care provisions/options, and Prioritization of health care by the government Appropriate to include crime levels and environmental factors affecting health in Ethiopia suh as  Earthquakes, hurricanes…. Interpret the impact of war, natural disasters, and/or bioterrorism on country's health status.

The Baby Boom generation began retiring in 2011. This should not change the income distribution of the United States. O True False

please explain each label and why

Explain what the long- and short-termconsequences are of not promoting equality or workingto reduce poverty

The following table shows income distribution data for 2015 and 2020 from the World Bank in Colombia and Dominican Republic respectively. Quintile Colombia Lowest 20% Second 20% Third 20% Fourth 20% Highest 20% a. 2015 3.8 7.9 12.5 20 55.8 2020 2.8 7.4 11.9 19.6 58.3 Dominican Republic 2020 6.2 10.7 14.9 21.7 46.5 2015 5 9.3 13.8 20.9 51 Given the adoption of the Sustainable Development Goals (SDGs) by the UN in September 2015, what can you say about the effect on relative income inequality in these two countries? Can it be illustrated graphically? b. Consider a 12-person economy where the individuals are employed equally across the sectors. If the modern urban wage = £8, the informal urban wage = £3, and the tradition rural income = £1, what is the squared poverty gap index (P₂) given that the poverty line = £1.25? Suppose that rural income now rises to £2, other things being equal, how would you characterise and show this type of growth?