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4. Educational equality exists when schooling produces the
same __________ for lower-class children and minorities
as it does for other children.
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- Which set of policies is more likely to cause a tradeoff between economic output and equality: policies of redistribution policies aimed at the ladder of opportunity? Explain how the production possibility frontier tradeoff between economic equality and output might look in each case.This chapter discusses the importance of economicmobility.a. What policies might the government pursue toincrease economic mobility within a generation?b. What policies might the government pursue toincrease economic mobility across generations?c. Do you think we should reduce spending oncurrent welfare programs to increase spending onprograms that enhance economic mobility? Whatare some of the advantages and disadvantages ofdoing so?Income redistribution A.may increase social welfare as long as there is no reduction in efficiency. B.may help some individuals, but does not increase social welfare. C.may increase social welfare and reduce efficiency. D.may increase social welfare and has no effect on efficiency.
- What goods and services would you include in an estimate of the basic necessities for a family of four?Using two demand and supply diagrams, one for the low-wage labor market and one for the high-wage labor market, explain how a program that increased educational levels for a substantial number of low-skill workers could reduce inflame inequality.Redistribution of income occurs through the federal income tax and government antipoverty programs. Explain whether or not this level of redistribution is appropriate and whether more redistribution should occur.
- Of all the Americans who live in poverty, most are families. A. black; white B. Hispanic; white O c. black; Hispanic OD. white; black and Hispanic % 5 1 6 M Oll & 7 8 families, while the highest poverty rate is among O - C Next M ytl ers CarFirst define what progressive and regressive redistribution policies are. Then, in each of the following cases explainwhether the policy is progressive, regressive, or distributionally neutral. 1. Some governments of developing countries give scholarships for some of their best students to go to graduateschool abroad. If there are no eligibility restrictions, is this policy likely to be progressive or regressive? Whatmight justify this policy?In your perspective, what is poverty? State a reason why a resolution is necessary Show the plan to be acted uon the given problems in comparison t the existing practice in the community
- A5 South Africa's top 10% of earners contribute almost half of all revenue, and the richest 10% of its residents holds 85.6% of net wealth, according to the OECD, which sees scope for the tax system to be used more to reduce inequality. Based on the above paragraph, which of the following statements is INCORREC A. South African 's bottom 90%of income earners contribute allof to the revenu B. South Africa's income inequality levels are very hig C. South Africa' s income inequality levels are very lo D. South Africa's income contribution is equalwheTWhat is poverty and what are three of its harmful environmental and health effects? About whatpercentage of the world’s people struggle to live onthe equivalent of $1.90 a day? About what percentage have to live on $3.10 a day? How are povertyand population growth connected? List three majorhealth problems faced by many of the poor.What is true about income redistribution? Questic OA. Through income tax and redistribution, a dollar taken from a rich person ends up as a dollar in the hands of a O B. Taxing people's income from employment makes them work more so that their take-home income will increase O C. The greater the amount of income redistribution through income taxes, the greater is the inefficiency. OD. The big tradeoff is the tradeoff between income tax and redistribution.
