Refer to the table belowaw1Year19501960197019801990200020102020Participation Rates(Age 16 and Older)Men86483.379.777.476.474.771.269.2Women33.937.743.351.557.560.058.657.4Instructions: Round your responses to one decimal place. If you are entering any negative numbers be sure to include a negative sign(-) in front of those numbers.Between 1980 and 2020, by how many percentage points did the labor force participation rate ofa. men change?b. women change?T Q Search< Prev2 of 8 ⠀⠀Next >WO

The labor force, in economics, refers to the portion of the population actively engaged in paid…

Answered: to the table below Participation Rates…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

ChapterD: The Expenditure-output Model

Section: Chapter Questions

Problem 21CTQ: Exercise D21 What are some reasons that the economy might be in a recession, and what is the...

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What is calculation of Herfindahl-Hirschman Index
8.
Consider the following table with individuals in a country and their incomes: Individuals Income 1 15 30 4 45 55 6 70 7 85 8. 100 115 10 130 Total 650 O The ratio of income received by the top decile to the bottom quintile is 3.5. O The ratio of income received by the top decile to the bottom quintile is 7.3. O The ratio of income received by the top decile to the bottom quintile is 4.3. O The ratio of income received by the top decile to the bottom quintile is 6.5.
A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000, $80,000, $40,000, $45,000, $30,000, $50,000. Complete the table. Income Quintile Share of Income $15,000 Bottom $20,000 $30,000 2nd $30,000 $35,000 3rd $40,000 $45,000 4th $50,000 $55,000 Top $80,000 If $4000 is taxed from the top earner and transferred to the lowest earner, would that increase or decrease the share of income held by the top quintile? Would this transfer increase or decrease the share of income held by the bottom quintile? Would this have any effect on the 2nd quintile? The 3rd? The 4th? Would this transfer increase, decrease, or have no effect on income inequality in this group? Redistributing income from the highest earner to the lowest one would reduce the utility of the top earner and increase the utility of the lowest earner. But what would happen to the overall utility of the…
A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000, $80,000, $40,000, $45,000, $30,000, $50,000. Complete the table. Income Quintile Share of Income $15,000 Bottom $20,000 $30,000 2nd $30,000 $35,000 3rd $40,000 $45,000 4th $50,000 $55,000 Top $80,000 $4000 is taxed from the top earner and transferred to the lowest earner Would this transfer increase, decrease, or have no effect on income inequality in this group? Redistributing income from the highest earner to the lowest one would reduce the utility of the top earner and increase the utility of the lowest earner. But what would happen to overall utility in the economy? Would it increase, decrease, or remain the same? Explain your answer. (Hint: does the marginal utility of income diminish as one earns more?)
A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000, $80,000, $40,000, $45,000, $30,000, $50,000. Complete the table. Income Quintile Share of Income $15,000 Bottom $20,000 $30,000 2nd $30,000 $35,000 3rd $40,000 $45,000 4th $50,000 $55,000 Top $80,000 If $4000 is taxed from the top earner and transferred to the lowest earner, would that increase or decrease the share of income held by the top quintile? Would this transfer increase or decrease the share of income held by the bottom quintile? Would this have any effect on the 2nd quintile? The 3rd? The 4th? Would this transfer increase, decrease, or have no effect on income inequality in this group? Redistributing income from the highest earner to the lowest one would reduce the utility of the top earner and increase the utility of the lowest earner. But what would happen to overall utility in the…
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Briefly explain different stages in assessment cycle? With example
The table below shows information about the distribution of income in two countries. The rows are labeled "deciles" which are like percentiles but for groups of 10% instead of 1% of the population. The 1St decile is the poorest 10%, for example, while the 10th decile is the richest 10%. Coruscant Naboo cumulative income cumulative income decile income share share income share share 1st 2.29% 2.29% 3.12% 3.12% 2nd 3.93% 6.22% 4.50% 7.62% 3rd 5.30% 11.52% 5.69% 13.31% 4th 6.56% 18.08% 6.80% 20.11% 5th 7.81% 25.89% 7.91% 28.02% 6th 9.14% 35.04% 9.11% 37.13% 7th 10.69% 45.73% 10.52% 47.65% 8th 12.71% 58.44% 12.37% 60.02% 9th 15.94% 15.32% 10th 25.61% 24.66% mean income = 50,000 35,000 What is the cumulative income share for the bottom 9 deciles in Naboo?
Question 20 - A group of eight people have the following annual incomes: $10,000; $9,000: $15,700; $5,000; $6,500; $13,500; S12,000; and $8,300. Calculate the share of total income that people in the fourth quartile receive from this incorne distribution. Enter your answer in the box below rounding to one decimal place. Answer
Please no written by hand solutions You need to hire some new employees to staff your startup venture. You know that potential employees are distributed throughout the population as follows, but you can't distinguish among them: Employee ValueProbability$55,0000.1$64,0000.1$73,0000.1$82,0000.1$91,0000.1$100,0000.1$109,0000.1$118,0000.1$127,0000.1$136,0000.1 The expected value of hiring one employee is ? Suppose you set the salary of the position equal to the expected value of an employee. Assume that employees will not work for a salary below their employee value. The expected value of an employee who would apply for the position, at this salary, is ? Given this adverse selection, your most reasonable salary offer (that ensures you do not lose money) is ? .

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