Does inequality necessarily suggest unfairness? Explain.

Q: Briefly discuss the utilitarian, right, and justice arguments against discrimination.

A: Discrimination based on economic grounds is known as economic discrimination.Job availability,…

Q: Ted leaves his job as a high school math teacher andreturns to school to study the latest…

A: Compensating differential: Difference in wages or salary offered to the worker by considering…

Q: What is the relationship between poverty, inequality and social welfare?

A: Poverty is a situation in which a person is unable to get the minimum basic necessities of life,…

Q: How does poverty arise?

A: Poverty is about not having enough resources to meet basic requirements of living including…

Q: is economic equality necessary for political equality?

A: Economic aspects and political aspects are the two forms of social interaction among people and the…

Q: Explain the feminization of poverty?

A: Poverty refers to the state in which an individual lacks the income and basic facilities for the…

Q: Number 6

A: Solution -  Given in the question Jones is a participant in three means - tested welfare programs :…

Q: Which of the following is not linked to wage inequality for Latinas and African American women? Rise…

A: Wage inequality describes how wages are distributed unequally across a population.Measures of pay…

Q: Why is poverty unfair?

A: Poverty refers to the state of an individual not having enough earnings/assets for meeting his basic…

Q: Which of the following would be a significant cause of income inequality in the United States?

A: To find : Cause of income inequality.

Q: Among the properties of the inequality indices, we have seen the Pigou Dalton principle. Do You…

A: Pigou Dalton principle approach towards maximize the social welfare. It states that allocation in an…

Q: If the poverty guideline for a family of four is $25,750, what is the most that a household can earn…

A:

Q: List the economic problems that produce inequality?

A: Inequality in the economy is produced when there comes a difference in the distribution of wealth,…

Q: How is inequality bad for the economy?

A: Economy is a combination of household and business who deal in the buying and selling of goods and…

Q: How does inequality affect the poor?

A: Generally, the term ‘Inequality’ means the difference between income and wealth within a society.…

Q: Write your ideason what should be done to halt the inequality among people experienced in each…

A: Inequality: It refers to how financial factors are distributed among people in a gathering, among…

Q: What is a factor where a portion of a wage gap may not be the result of discrimination? Explain why…

A: Wage discrimination or pay discrimination occurs when workers having a similar skill set for their…

Q: es of economic competition tend to exacerbate or ameliorate discrimination based on race?

A: Economist believes that competitive market economies provide a natural antidote to discrimination…

Q: Poverty is a result of a mix of causes. What are they?

A: Poverty is defined as 'the lack of basic requirements of a household to have a good standard of…

Q: Equity is not equality but the concept of

A: Equality is the impact of treating each as without distinction; every individual is considered…

Q: What are the determinants of social class?

A: Following are the main determinant of social class :- 1. Wealth and income - Social respect is…

Q: Comment on or explain: Equality is a “superior good”; the richer we become, the more of it we can…

A: Equality is the situation in which the economy treats everyone equally and provides equal status in…

Q: What are some of the causes of the poverty trap? O Over the years a person cannot breakeven. O…

A: Poverty Trap:- It is a vicious cycle of poverty in which people from one generation to next…

Q: How are Labor Markets Affected by Discrimination? What is meant by a Poverty Trap?

A: Hi, thank you for the question. As per our Honor code, we are allowed to attempt only first…

Q: Please tell the criticisms of the MARXIAN THEORY OF THE ECONOMICDEVELOPMENT

A: The economic development theory proposed by Karl Marx stated that a country can achieve high growth…

Q: as a student, what can be done to address income inequality? Explain

A: Income inequality refers to the uneven distribution of income or wages throughout a population. The…

Q: How are Labor Markets Affected by Discrimination?

A: In a labor market, discrimination refers to the situation when firms choose a candidate of another…

Q: Describe how a push for economic equality might reduce incentives to work and produce output. Then…

A: Equality is the concept of fairness which is primarily maintained by the government by taxing some…

Q: What groups in the U.S. population are most likely tolive in poverty?

A: There many groups which are most likely to live in poverty according to race or ethnicity, age,…

Q: Discuss the reasons behind economic inequality.

A: Inequality refers to a situation where there is unequal or different distribution of resources or…

Q: Using the concept of opportunity cost, explain why discrimination against any population group is…

A: Discrimination against any population group is economically inefficient because it prevents the…

Q: How is significant the relationship between migration and income inequality to the community, the…

A: Income Inequality refers to the condition where people residing within a specific area has unequal…

Q: How does poverty relate to discrimination and inequality? Explain

A: The World Bank defines poverty as a "pronounced inequality of well-being" (Haughton and Khandker,…

Q: Describe how the concepts of poverty, inequality, and discrimination are interrelated. Cite a…

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: Why do national and global scale events such as the Great Recession have different effects in…

A: Great Recession was observed in national economies globally. The timing and scale of recession…

Q: Explain the impact of education on poverty.

A: Poverty Poverty refers to that state or condition where a person or community is unable to fulfill…

Q: How does education affect income inequality?

A: In economics, income inequality is defined as a significant disparity in the distribution of income…

Price Discrimination

Price discrimination or differential pricing is based on the principle that the seller will charge the buyer a price based on the buyer’s ability and willingness to pay for the product rather than applying uniform pricing for all.