Answer:
Check the explanation
Explanation:
Kingman view of inequality is based on individual worker. His concept of inequality can be described as follows:
He believes that individual' s productivity differs from individuals to individuals There may be individuals that are highly productive and can make best possible use of the available resource as compared to other. This constitutes one of the main reasons for huge inequality.
He also described inequality based on luck There may be individuals with same productive capacity It is just the matter of luck to be on right place at right time to grab the jackpot.
He also described inequality based on powers in this he described that executives in big corporations set their own compensation and there may be financial dealers getting richer by taking fees from the investors that are new in the market.
Lucas view of inequality can be described as follows:
Lucas view of inequality is variant of Solow model describing different countries growing at different period of times the one that kick start first will grow but nation starting to prosper later will grow more because of favorable environment created by the earlier growing nations.
Thus Lucas model indicates that different countries having different growth rates and will fail to converge and there forms the concept of inequality among nations.
The similarities in the view point of inequality between Kingman and Lucas is on the topic of human capital development.
Keynesian was of the viewpoint that fiscal policy will put the economy out from the situation of liquidity trap Thus there are some stimulus that are a must but however Lucas was monetarist and believes that final stimulus will not work if there is no printing of money.
Lucas prediction if true then money supply in economy will increase because of printing of more number of money. Rise in money supply will create the situation inflation because too much of money will be chasing too few goods which will lead to rise in price further and thus there will be no significant changes in the income inequality.
Answer:
12.25%
Explanation:
Calculation to determine what The company's after-tax accounting rate of return on this investment is:
Using this formula
After-tax accounting rate of return =Avarage income/Average investment
Let plug in the formula
After-tax accounting rate of return=($350,000*70%)/$2,000,000
(100%-30%=70%)
After-tax accounting rate of return=$245,000/$2,000,000
After-tax accounting rate of return=0.1225*100
After-tax accounting rate of return=12.25%
Therefore The company's after-tax accounting rate of return on this investment is:12.25%
GlobalProtect agent is an application used <span>to protect the end user by using the same security policies that protect the sensitive resources on your corporate network.</span><span>
The three connection methods for the GlobalProtect agent are:
1. Pre Logon
2. User Logon
3. On demand</span>
The answer to this question is Shortages.
Price control put a limit on how high the price could be put by the sellers toward a certain product.
This limitation often make produces feel discouraged in selling those products because of the lower profit which make the market experience a shortage in that products
Answer:
<em>Reasons For: </em>
- Less Wastage - A Green town according to the City Administrator Steve Hewitt would lead to more efficiency in the way that the city manages it's resources. The city will be more effective and more efficient which will have the effect of less waste in their materials. For instance, instead of having an 85% efficient furnace, they can buy a better one that will be more sustainable.
- Increased Attractiveness - Green towns and cities are a new favourite of people especially in this day and age of constantly worrying about climate change. People would therefore look favourably upon Greensburg if they were to become a Green town and come to settle there which will fuel the town's economic growth. Elana for example may have been thinking about leaving the town but now she wants to stay and help build the Green town. This effect will be similar to people outside the town who will come for the very same purpose, building a green town.
- There is an Opportunity to - Another reason to rebuild the town into a green town is simply because the opportunity has presented itself. The town was devastated and now there is a clean slate and canvass upon which to build upon. Why not seize the opportunity and build a green town. Building a green town in a town that still has buildings intact will mean tearing those down which will be expensive. Here, there is no need to worry about that.
<em>Reasons Against: </em>
- Expensive - Going green is expensive because the tools required are quite pricey. Things like building a platinum green building or getting a more efficient furnace will definitely leave a dent in the town's purse and hit the tax payer hard which is worrisome as some of the residents just lost quite a few belongings and now have to rebuild their lives.
- Priorities - The rebuilding of the town as a green town whilst commendable, should be done at the appropriate time and the question is whether now is the appropriate time. Businesses and homes were just destroyed and revenue streams hit as a result. There is the argument that the money to be spent on the green town should be redirected to help the businesses restart operations which will improve the town's tax base.
- Decision is not Unanimous - Not everyone in the town agrees that it should be rebuilt as a green town. There seems to be opposition to it but the powers that be manipulate the meetings so that mostly those in favor get to voice their opinions which would signify that they had already made their decision. This is undemocratic and unfair because the town being rebuilt in a green manner will use the tax dollars of every resident and so they all need to be able to voice their opinions because it is their money and their town.
