explain the existence and rise of the nonprofit sector through the lens of the economic theory. What are the potential shortcomings of this theory?

Q: Why some countries are really poor? Please draw the cycle of poverty and explain this cycle at least…

A: Some countries have low employment,investment,saving,capital formation etc. Therefore they have…

Q: Given that the minimum wage is 7500 lira per month, unskilled worker productivity is 30 units per…

A: Value of Marginal Product=Market Price×Marginal productShadow wage rate=Value of output forgone due…

Q: The increase in marriages in which both spouses have a high paying job is given as explanations for…

A: United states being the largest economy in the world and with a very high per capita income has been…

Q: difference between income and wealth, and why both are important in terms of economic security for…

A: income refers to the amount of money received by a individual person , group or company during a…

Q: Draw a labour market diagram that represents the supply and demand of labour and explain why one of…

A: Wage rate is determined in labour market by market forces demand for labour and supply of it . When…

Q: What is the justification for government intervention in education if it wants to improve income…

A: Education has positive spillover effects on society

Q: Which of the following is not a way that the government has influenced labor in the United States?…

A: Government influences the labor market by creating various laws with the aim of increasing the…

Q: Reducing tax rates: Suppose the government decides to reform the tax system to reduce the marginal…

A: The markets are the place where the buyers, and sellers of various goods, services, assets,…

Q: In 2000, the ratio of people age 65 or older to people ages 20 to 64 in Ecocountry was 38,4 %. In…

A: Pay-As-You-Go is referred to as a pension plan for retirement in which the beneficiaries have the…

Q: If Macroland had the following information   200 - Employed Workers  100 - Not working, but still…

A: In an economy, working age population include all the people that lies within the working age that…

Q: discussing factors of production. How would you determine the demand for a factor of production?…

A: Factors of production:- a) Capital. b) Land. c) Labor. a) The demand for a production factors is…

Q: How does wage and employment relate to the poverty cycle?

A: (Since you have asked many questions, we will solve the first one for you. If you want any specific…

Q: ________ is a fundamental aspect of economic system in which individuals, rather than the state,…

A: Economic freedom or liberty is a fundamental aspect of an economic system in which individuals,…

Q: Mark Zuckerberg of Facebook and Elon Musk of Space X have taken risks to build to their businesses…

A: Tax is the compulsory payment made by private and institutions to the government without having any…

Q: Retirement Benefits. How are the retirement benefits under Social Security calculated? Describe some…

A: 1. The most common method for calculating Social Security benefits is to use "average indexed…

Q: 6 Assignment on the basics of political economy 6. Could one person both dominate and exclude…

A: 6. When it comes to private commodities, one individual can both dominate and exclude another.

Q: As the baby boomer generation retires, what should happen to wages and employment? Can you show this…

A: The labor supply curve shows the positive relationship between wage rate and quantity of labor…

Q: The government strengthens environmental regulation on manufacturing activities in the urban area to…

A: The government strengthens environmental regulation that means the government can put taxes for…

Q: Identify THREE public policies that can stimulate employment and discuss the impact of each.

A: In an economy, unemployment is considered as one of the primary economic issues because it affects…

Q: What is the poverty trap? Group of answer choices A)The situation where government assistance can…

A: Poverty trap is related  to the existence of poverty in an economy, and the inability to escape from…

Q: Explain the existence and rise of the nonprofit sector through the lens of the economic theorist.

A: The non-profit sector is a Tax-Exempt sector that benefits the broad public interest. The sector…

Q: what could the federal government have done to alleviate the human suffering of the Great…

A: The great depression began in the U.S. in October 1929. The stock market had crashed and the economy…

Q: As the baby boomer generation retires, what should happen to wages and employment?  Show this…

A: The retirement of baby boomer generation leads to reduce the supply of labor force in the economy.…

Q: What do you think are the reasons why there are people suffering from poverty? Explain briefly.

A: Poverty is a situation in which a person or community have very low level of income even to fulfill…

Q: Q)What is empowerment? How can the psychological components of empowerment be examined at the macro…

A: Empowerment: It can be defined as the upliftment of human resources, if either men or women are not…

Q: Dina and Charles are married, under the age of 65, and have two children under the age of 18.…

A: "Poverty refers to the condition where a household is deprived of basic and necessary goods because…

Q: The Economist article, Left in the Lurch, notes that throughout history many places that have…

A: Many places that have endured economic troubles have seen their population leave, according to the…

Q: What is the importance of the ‘third sector or voluntary sector/community sector (also non-profit…

A: Third sector or Voluntary Organisations are non-profit, autonomous, non-statuary organizations which…

Q: TRAIN law lessen or worsen poverty and income inequality in the country of Philippines? How will the…

A: 1) Will the TRAIN law decreases or worsen poverty and income inequality in the nation of…

Q: Explain why a capitalist economic system tends to bring about a highly unequal distribution of…

A: Economy is a system where people earn their livelihood. And ithere are 3 types economy .

Q: As the baby boom generation retires, the ratio of retirees to workers will increase noticeably. How…

A: The coming retirement of the greatest generation in United states history, the 76 million people…

Q: Education determines the skill of the worker. High-skilled workers _______ compared to low-skilled…

A: The demand and supply of labor are determined in the labor market. Workers supply labor to firms in…

Q: Consider two groups of workers of equal skill level and experience: those who collect garbage and…

A: The 2 group of workers are different in terms of category.Those who collect garbage are unskilled…

Q: Should the government do more to reduce income inequality? If so, what? If not, why not?

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: welfare state'? Why or why not?

A: Welfare state in simple words we can say that it is a state where government provide free work and…

Q: do federal, state, and city agencies use earned value data? Give descriptive reasoning for each one…

A: Federal, state and city agencies use earned value data to plan projects. The evaluation is done…

Q: What are the possible ways that the government should act to eradicate poverty?

A: Poverty refers to a state where people lack money and do not have the means to satisfy their basic…

Q: Which of the following statements are true about income inequality? Choose all that apply. A. Income…

A: Inequality in terms of income refers to the manner in which a population's income is allocated…