Income Inequality - Video Assignment

In this video you will learn some basic facts concerning the distribution of income in the U.S. and the Lorenz Curve that gives a graphic representation of the distribution. Next, the major causes of income inequality are discussed with real world examples. Third, the debate over income inequality, the gender pay gap, and income mobility implied by this debate is examined.  

Instructions:

1. After watching the following video write a one page reflection.
2. Your reflection must cover all the topics examined in the video.
3. Submit your assignment as a file upload..

https://www.youtube.com/watch?v=CHReFKy_Mi4&list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH&index=1

Income Inequality - Video Assignment

In this video you will learn some basic facts concerning the distribution of income in the U.S. and the Lorenz Curve that gives a graphic representation of the distribution. Next, the major causes of income inequality are discussed with real world examples. Third, the debate over income inequality, the gender pay gap, and income mobility implied by this debate is examined.  

Instructions:

1. After watching the following video write a one page reflection.
2. Your reflection must cover all the topics examined in the video.
3. Submit your assignment as a file upload..

https://www.youtube.com/watch?v=CHReFKy_Mi4&list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH&index=1

Please advise the following people what is the best source of financing. Also, explain the strengths and weaknesses of the borrower’s ability to get loan based on 5 C’s of credit:

-Mary has been in the construction business for 3 years. The business has averaged $120,000 in profits each year. She is seeking $250,000 to purchase new equipment. Her credit score is 650. She also has a house valued at $350,000 with outstanding mortgage of $200,000. Mary over 20 years of experience in the business.

-Mark is seeking $10,000 to start his graphic design business. His credit score is 630 and he has no personal assets.

After a rash of injuries and deaths in the Big Choke Coal Mine, members of the Parliamentary Workplace Safety Committee are holding public hearings about proposed regulations to increase the level of safety at the Big Choke Mine.

An economist trained in the theory of imperfect information and behavioral economics is hired by the union representing mine workers. He argues that introducing new safety regulations at the Big Choke Mine may lead to the mine workers being better off.

Outline and evaluate the argument of the workers’ economist, describing the conditions under which he has the correct policy recommendation. Use graphic analysis to illustrate this argument.

Suppose you are a monopoly in the market for a
specific video game. Your demand curve is given by P = 100 - Q / 2,
and your marginal cost curve is Cm = 20. Your fixed costs are $ 300.
a. Graph the demand and the marginal cost curves.
b. Derive and plot the marginal income curve on the
same graphic above.
c. Calculate and indicate on the graph the price and quantity
monopolistic.
d. What is your profit?
e. What is the level of consumer surplus?
f. What would be the level of consumer surplus with a
perfect competition and what is the difference after monopoly?
g. Please give a conclusion and explain your answer in detail.

What is the best legal form of business? Watch the below video and read the lectures notes. Pay attention to the pros and cons of each legal form of business. Based on your readings, what legal entities that you would recommend for the following people. Explain why:

John has a new invention and is heading to the shark tank to woo investors

Kate is a college student who does graphic design on the side

Anna, a full-time nurse, want to partner with her friend from Italy (will be visiting the US for the first time in two weeks) to start an Italian restaurant

https://www.youtube.com/watch?v=A-Up-JUkaj0

Directions:

Once you answer the Essential Questions above, create and scenario for each answer. Your questions should help you focus on the different laws, how these laws apply in ethical decision making, and solutions to common workplace problems.

Why is health care information protected by law?

a). Health information is any information about a person’s health or disability. It is often sensitive and personal, depending upon the intensity of the illness or the type of treatment etc., which is why there are laws to protect your health information. This does not imply that you have the right to hide contagious diseases which might be a threat to the public, or something which threatens your own well-being in an emergency. Such information may be used to identify the individual and thereby pose a threat to his/her security. Apart from that, it may also provide data and records personal to a patient and allow healthcare providers to exploit the patient by using those records. The purpose of these rules is not to just maintain privacy, but also to ensure that all patient records are taken care of very accurately and systematically with proper measures in place, so that a person can access his/her health records whenever necessary without the fear of ever losing them.

Why does affirmative action only protect certain races/nationalities of people?

b). Affirmative action was created to protect women and racial minorities (largely African and Asian Americans). the idea was to end the discrimination in the society and provide equal opportunity to every American citizen. And these groups of people have been historically not allowed to express themselves and succeed in the society. It is supposed to be different from quota system since it carries targeted goals instead. So the selection criteria is based upon the past discrimination faced by the people of certain races or nationalities, and not on a case by case basis.

Why is sexual harassment in the workplace difficult to prove?

c). Sexual harassment cases are not easy to prove in workplaces, because the events occur in a closed room or a restricted environment, like cases of domestic violence, where there are usually no documented records of harassment (electronic or handwritten). Unlike harassment cases in open or public spaces where there are some or at least one bystander, workplaces are enclosed with people of the same company, who may try to suppress the issue to protect the reputation of the organization, or maybe to save the accused who would be an acquaintance. Also, harassment cases are easier to prove when the accused has created a hostile environment for the victim by stalking on the way or misleading to a wrong place. But in case of a workplace, the victim is usually at that place with his/her consent since he/she works there. Apart from that all harassment cases cause a lot of emotional and financial hurdles for the victim, and in case of a workplace involved, the emotional breakdown is even more, since the victim must be with the same people all the time, who might be present very close to the scene and be in close contact with the accused.

Putnam, Robert. 1995 “Bowling Alone: America’s Declining Social Capital.”

Journal of

Democracy

6(1)65-78.

1)

Define the concept of “social capital”. Why is it so important to the functioning

of the American social and political system?

2)

Do you agree with Putnam’s argument that we are suffering a crisis in civic

engagement? Why or why not?

3)

How involved are you in your community, at KU, at home? Are you politically

engaged in anyway? Why or why no

Tronic Financial corporation is a financial services holding company headquartered in Ithaca,New York, that offers banking insurance and wealth management service. It pays cash dividends quarterly and also issues stock dividends periodically.

3. Tronic issued 9% stock dividends in 1995, 2003, 2005, 2006, 2010. In 1998, True issued a three-for-two split. If an investor purchased 800 shares in 1994, how many shares would the investor have in 2012?