Assignment Requirements
Each answer should be half a page. No reference list or outside sources required. Be sure to credit any cited sources.
1.What is the difference between income and wealth?(Half a page)
2.Are equity and efficiency independent concepts? Explain (half a page)
3. Is a dollar’s worth of food stamps as valuable as a dollar’s worth of cash? Explain(half a page)
4.Contrast the difference between poverty in the United States and poverty in developing countries(half a page)
5.List and briefly explain the four major types of unemployment.(half a page)
Required Textbook & Reading
Schiller, B. R. (2008). The economics of poverty and discrimination, 10th ed. Upper
Saddle River, NJ: Pearson/Prentice Hall.
Answer 5 discussion questions. Each answer should be half a page. No reference list or outside sources required. Be sure to credit any cited sources.
- What is the difference between income and wealth?(Half a page)
- Are equity and efficiency independent concepts? Explain (half a page)
- Does the line change each year? If so, for what reason(s)?(half a page)
- Contrast the difference between poverty in the United States and poverty in developing countries(half a page)
- List and briefly explain the four major types of unemployment.(half a page)
Required Textbook & Reading
Schiller, B. R. (2008). The economics of poverty and discrimination, 10th ed. Upper
Saddle River, NJ: Pearson/Prentice Hall.
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