Many individuals identify more with members of the population with which they share a common background rather than with the overall culture. Shared similarities such as language, national origin, ethnicity, etc., are thus identifiers of the various groups that make up the major culture. A Age cohort Gender identity C Socio-economic D Subcultural
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- A male oriented jeans manufacturer is interested in designing and marketing jeans exclusively designed for women. In this case, the primary segmentation variable the jeans manufacturing is using is: A Gender В Age C Race D Usage rateThese are variables where the distance between categories are identical across the range but there is no zero point whwre the traith doesn't existA 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…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…The Reserve Bank of Australia (RBA) IS committed to doing what it can to support jobs, incomes, anc businesses in Australia. The Reserve Bank of Australia reduced the official cash rate couble of times during the pandemic in 2020-21 to boost the economy. These RBA decisions to reduce interest rates have impacted manv sectors including the housing sector in Australia. Reauired: Ouestion:1 suppose the nousine sector in Australia is a perrectiv competitive market. 1). Draw a diagram of a perfectly competitive firm making short-run economic losses during covid 19 pandemic situation. Explain your answer. 2). Explain the impact of interest rate reduction in the housing sector. Draw diagrams to shov the transition from a short run to a long run in a perfectly competitive market.
- Below is a chart showing the Labor Force Participation rate for 15-64 year olds in the U.S. vs. Japan (called the 'Activity Rate' in the OECD data). Based on this chart, answer the questions below: FRED Actvity hate Aged 158 AN Persans r the thot Stanos Actvity RateAged 15 AN Persans for Apar 22 2002 2004 2006 010 2012 20 Sdng areas ndicale US recessioHIS Source Orgazation for Economc Co operaion and Develpment med souisled.org a) How could these trends in thé US & Japanese Labor Force Participation (LFP) rates impact per capita real GDP growth rates in their respective countries (i.e. in the U.S & in Japan)? Are there any factors which could mitigate the impact of these LFP trends on growth? b) What factors are likely to impact the trends in U.S. and Japanese LFP in the next year? Over the next 10 years?N 4 pirts R osse d Refer to the table below Year 1950 1000 1970 1980 1000 2000 2010 2020 Participation Rates (Age 16 and Older) Hen 864 43.3 797 TTA 76.4 747 712 6928 Women 33.9 37.7 433 51.5 $7.5 00.0 18.6 57.4 - in front of those numbers. Instructions: Round your responses to one decimal place. If you are entering any negative numbers be sure to include a negative sign bwomen change? Between 1950 and 2000, by how many percentage points did the labor force participation rate of a men change?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?
- Assume that there are only three possible levels of education: "low", "middle" and "high". Among Argentine immigrants in the US, 50% have "low" education, 50% have "middle" education and 0 % have "high" education. Among Argentine stayers, 100% have "high" education. The Net Difference Index comparing the education of Argentine immigrants in the US to the education of Argentine stayers is equal to: a. -1 b. -0.5 c. 0 d. 0.5 e. 1Labour or work relationships have existed since the first individual approached another to perform a task against the promise of payment. Therefore, the employment relationship should be placed in the context of one of the mosty important occurences in economic history, the industrial revolution. In the view of the statement, citically assess the convulsion of the industrial revolution which commenced in the fourteenth century ans resulted in the emergence of the working class. Provide a detailed analysis of the employment relationship between the parties involved in the early years of the industrial revolutionPatagonia primarily markets its heavy duty ski jackets to people living in the Northern Midwest and Rocky Mountain areas since people in the southern US don't experience the sort of cold weather conditions Patagonia's ski jackets are designed to withstand. In this case, Patagonia is probably using segmentation to decide where to market its ski jackets. A Demographic Psychographic C Geographic D Benefits B