1. Contrary to the misperceptions of those who oppose addressing extreme income

WRITE MY ESSAY

1. Contrary to the misperceptions of those who oppose addressing extreme income

1. Contrary to the misperceptions of those who oppose addressing extreme income inequality, few advocates for change actually believe in anything close to perfect equality. Most, including myself, believe that it is 1) impossible and 2) undesirable. Discuss why there are reasonable reasons for moderate, or even large, levels in income inequality, even if extreme inequality is detrimental to the welfare of most persons in a country.
2. One of the major problems being faced in economics today is the issue of asymmetric information. Referencing both the module on asymmetric information and the module on conditions necessary for an efficient market, what is the effect of this condition on an internet company such as eBay? Would your analysis also apply to the same degree to Amazon? Why?
3. You have been in business for 18 months and overall you are doing well, as defined by covering the costs of your operations and securing enough revenues to allow you to make your house payments and otherwise cover living expenses. You believe that if you could only expand operations, then your business and personal perspectives will improve. This would require a loan from a financial center. Discuss what you need to research and review to confirm this decision, both for yourself and for the lending institution. 

WRITE MY ESSAY

Leave a Comment

Scroll to Top