GradePack

    • Home
    • Blog
Skip to content
bg
bg
bg
bg

GradePack

The table below shows the share of income going to each quin…

The table below shows the share of income going to each quintile of the income distribution for Neverland in 1980 and 1990. Complete the table below finding the the cumulative share of income for 1980 and 1990 and answer the following:  Cumulative share of income for 1980 and 1990 Quintiles Share of income in 1980 Cumulative share of income in 1980 Share of income in 1990 Cumulative share of income in 1990 1st 7% 6.6.% 2nd 11.5% 11.5% 3rd 17% 16.3% 4th 24.8% 22.7% 5th 39.7% 42.9% Sketch the Perfect Equality line and the Lorenz curve for 1980 and for 1990. Don’t forget to label your graph and your curves! According to the Lorenz curves that you draw in (a), which year had worse income inequality, 1980 or 1990? Justify your answer!

Read Details

The table below shows levels of employment (Labor), the marg…

The table below shows levels of employment (Labor), the marginal product at each of those levels, and the price at which the firm can sell output in a perfectly competitive market.  Value of the marginal product of labor Labor Marginal Product of Labor Price of the Product Value of the Marginal Product 1 7 $3 2 6 $3 3 5 $3 4 4 $3 5 3 $3 Complete the table finding the Value of the Marginal Product (show your work!). If the wage rate is $15, what is the firm’s profit maximizing level of employment? Justify your answer!

Read Details

According to the CDC, a woman’s risk for breast cancer is hi…

According to the CDC, a woman’s risk for breast cancer is higher if she has a mother, sister, or daughter (first-degree relative) or multiple family members on either her mother’s or father’s side of the family who have had breast or ovarian cancer. Suppose you could divide middle-aged women (with 30-50 years old) into two groups: those who have a family history of breast or ovarian cancer and those who do not. For the purposes of this example, say that 20% of a group of 100 women have a family history of breast or ovarian cancer, and these people have 1 chance in 33 of dying of cancer next year, while the other 80% of women have 1 chance in 200 of dying in the next year. The insurance company is selling a policy that will pay $150,000 to the estate of anyone who dies in the next year. Now answer the following: If the insurance company were selling life insurance separately to each group, what would be the actuarially fair premium for each group? Show your work!  If an insurance company were offering life insurance to the entire group, but could not find out about family cancer histories, what would be the actuarially fair premium for the group as a whole? Show your work! What will happen to the insurance company if it tries to charge the actuarially fair premium to the group as a whole rather than to each group separately? Is this an adverse selection or moral hazard problem? Justify your answer!

Read Details

In 3-5 Absätze, erzählen Sie eine Geschichte über ein Ereign…

In 3-5 Absätze, erzählen Sie eine Geschichte über ein Ereignis in der Familie. Benutzen Sie die Vergangenheitsformen und angemessene Ausdrücke, die Übergänge oder Häufigkeit anzeigen. Das Ereignis, über das Sie sprechen, muss vor der High School passiert sein. Sie sollten Sich auf die Themen diesen Lektionen konzentrieren.

Read Details

It’s important to use “tags” when it comes to writing dialog…

It’s important to use “tags” when it comes to writing dialogue. They make it clear when a certain character is speaking.

Read Details

The following is an example of what? “Please call me tonight…

The following is an example of what? “Please call me tonight,” Tonya said.

Read Details

When editing narrative writing, writers

When editing narrative writing, writers

Read Details

The three point of views in writing are first person, second…

The three point of views in writing are first person, second person, and third person.

Read Details

It’s important to reveal something of importance in a narrat…

It’s important to reveal something of importance in a narrative essay, a real reason for writing the paper.

Read Details

A proper title helps guide your paper.

A proper title helps guide your paper.

Read Details

Posts pagination

Newer posts 1 … 36,453 36,454 36,455 36,456 36,457 … 70,567 Older posts

GradePack

  • Privacy Policy
  • Terms of Service
Top