of the following proposed changes have on wage inequality?
a. Indexing the minimum wage to inflation.
b. Increasing the benefit level paid to welfare recipients,
c. Increasing wage subsidies paid to firms that hire low-skill workers.
d. An increase in border enforcement, reducing the number of illegal immigrants entering the country.
a. 최저임금이 상승하면 상대적으로 고임
of returns due to risk and return payoff
• Become the market leader and corner the market
• Large market: 180 million people • Low per capita income
• Little credit experience and lack of credit bureaus
• Hardly any infrastructure (telecom and postal service)
• Weak legal system, high levelof fraud
• Unstable political environment
• Economic
What is hunger?
3 Types of Poverty
Extreme poverty
Less than 2,100 calories a day, Number 1 risk to health
Median of the poverty
Income of 1-2 U.S. dollars per person per day
Relative poverty
Household refers to income levels lower than the average
Situation in Kenya
Experiencing one of the worst droughts in recent years.
Up to 3.5 million people are affected
income inequality and wealth distribution in the U.S. between the wealthiest 1% and the rest of the population. Korea is not an exception. Emerging from the 1997-98 Asian currency crisis, banks have tended to provide more loans to households. Then household loans drastically increased and this consequently produces 'House Poor' who is suffer from the housing problem(burdened by mortgage and loan
income inequality and wealth distribution in the U.S. between the wealthiest 1% and the rest of the population. Korea is not an exception. Emerging from the 1997-98 Asian currency crisis, banks have tended to provide more loans to households. Then household loans drastically increased and this consequently produces 'House Poor' who is suffer from the housing problem(burdened by mortgage and loan