Under all other ideal conditions, changing which party receives property rights in a given dispute will affect the wealth distribution of the result. True False
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- Explain properly and no plagrisum. Thank YouOutline THREE (3) benefits and THREE (3) costs associated with economicdevelopment.Which one of the following arguments about the legal consequences of marriage is not one that David Chambers makes: Marriage rules are hardly static and change over time with regard to their benefits and responsibilities. Permitting gay and lesbian couples to adopt children is likely to hinder rather than advance movements for single-parent adoption because it will corrode the myth of two parents needed for child rearing. The legal position for unmarried same sex and opposite sex "step parents" who live with a custodial parent are generally without legal significance. The benefits of marriage are likely to be unevenly distributed among same-sex couples according to social class and income.
- What is the bonding critique of efficiency wage models?Asap Jennifer has earnings of $2,400 and faces a constant marginal tax rate of t= 0.3. If she is caught not reporting some of her income (where U is the amount of income she doesn't declare), then her marginal penalty is U/1000. There is a 20% chance she will be caught. How much income will she optimally declare? Show on a diagram.Does asserting influential tactics help to facilitate social bonding which leads to developing social capital as part of a "win-win" strategy where everyone has something to gain? How can one maximize the benefits of social capital?
- Education is a continuous variable, where en is the years of schooling of a high-ability worker and e is the years of schooling of a lower-ability worker. The cost per period of education for these types of workers is CH and c, respectively, where q > CH. The wages they receive if employers can tell them apart are WH and w. Under what conditions is a pooling equilibrium possible? Let 0 be the share of the workers with high ability. A pooling equilibrium is possible whenever the amount of education required to receive the common wage is e° such that (Properly format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts. E.g., a subscript can be created with the_ character.)A project management consultant estimated that if a particular project was completed, t years after completion, N thousand persons would benefit directly from the project, where N(t) = t3/3 − 4.5t2 + 16t, 0 ≤ t ≤ 10 For what value of t will the largest number of people receive direct benefits?Assume that you want to decide whether Country A or Country B to live You have only information about cumulative percentage of income distribution functions of (14)/(15)x^(2)+(1)/(15)x for country A and (11)/(12)x^(2)+(1)/(12)x for country B. A)Which country do you prefer and why? B)Prove your decision numerically,graphically, and with respect to relevant economics theory?
- Q-3 Are the following statement true of false ? You need to provide an aurgument for and against it why it is so.Based on a study, the Lorenz curves for the distribution of incomes for bankers and actuaries are given respectively by the functions 1 9 x + x² 10 10 and g(x) = 0.54x³.5 +0.46x (a) What percent of the total income do the richest 20% of bankers receive? Note: Round off to two decimal places if necessary. (b) Compute for the Gini index of f(x) and g(x). What can be implied from the Gini indices of f(x) and g(x)?Q no.4 b