Why is gdp a poor measure of wealth distribution
Question 1: Why is GDP a poor measure of wealth distribution?Question 2: Could the socio-demographic factors be an answer? What does wealth distribution means.
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Include in your paper an industry overview. Also address the impact of real GDP, the unemployment rate, and the inflation rate as measured by the consumer price index (CPI). Also include three additional economic indicators from the following list
Two principles of economics that help explain how wages are determined in a market economy are: 1-People Face Tradeoffs and 2-Governments Can Sometimes Improve Market Outcomes
Problem: Could a labor union or a minimum wage law efficiently help to raise wages, increase employment, or improve working conditions in a firm that is: A) A perfectly competitive firm in both the product market and the resource market? Explain.
Why do you think we have laws that prohibit discrimination in pay based on sex or race but permit employers to discriminate in pay based on education or experience?
Question 1: Why is GDP a poor measure of wealth distribution? Question 2: Could the socio-demographic factors be an answer? What does wealth distribution means.
Analyze the effects on wages and employment of such agreements. Also, indicate some of the reasons why they may be difficult to enforce.
People of many different age groups and circumstances take advantage of part-time employment opportunities provided by the fast food industry.
Problem: Adverse selection in employment is more likely when: a. jobs require specific training. b. everyone is equally qualified for the job. c. people's abilities are easy to measure. d. people's abilities are difficult for potential employers to o
Theoretically, the President of the United States is suggesting increased spending for a missile defense system. He is also proposing a major long-term tax cut.
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