How to measure inequality Study guides, Class notes & Summaries

If God is dead, Ivan Karamazov insists, everything is permitted An invention of the late 1800s: the light bulb The problem of normativity concerns the gap between is and ought Nietzsche wants science to become more playful Dostoevsky: the vision of the anointed inevitably leads to narcissism A two-level theory includes a deep level that ____ what happens at the surface level. determines and explains Doyle's vision is tragic in that Sherlock Holmes has to mak...

Macroeconomics The study of the economy as a whole, including inflation, growth and unemployment. Aggregate demand The total amount of goods / services demanded in an economy at a given time at a given price level. Aggregate supply Total amount of goods and services supplied in the economy at a given time at given price level. What is GDP? Gross Domestic Product = the total value of all goods and services produced in an economy in a given time period. What does % ...

Free Rider Problem - Answer- the notion that when more than one person is responsible for getting something done, the incentive is for each individual to shirk responsibility and hope others will pull the extra weight -caused by lack of selfish incentives of capitalism -justification for oppressive rule emanating from some central agency Income - Answer- money received by a person for work, from transfers (gifts, inheritances, or government assistance), or from returns on investments -me...

Hayek - The Use of Knowledge in Society - ANSWER -Complexity of pricing is so complex no person can determine it. -Argued that decision-making must be decentralized to take into account this dispersed knowledge -No one person is as knowledgeable as all of us together. -Markets provide a systemic process that allows us to pool our individual knowledge. -Business people make decisions using price signals. -Price signals allow for sophisticated coordination even when individuals have never me...

Free Rider Problem - Answer- the notion that when more than one person is responsible for getting something done, the incentive is for each individual to shirk responsibility and hope others will pull the extra weight -caused by lack of selfish incentives of capitalism -justification for oppressive rule emanating from some central agency Income - Answer- money received by a person for work, from transfers (gifts, inheritances, or government assistance), or from returns on investments -me...

WGU C273 (2022/2023) Rated A+ C. Wright Mills coined the term sociological imagination sociological imagination the vivid awareness of the relationship between personal experience and the wider society Sociology systematic study of social life and human society. The sociological perspective looks for the "general in the particular Émile Durkheim one of the first sociologists to specify what exactly is "social" about our individual actions and decisions Social Facts (Durkheim) "types of ...

SOCS 185 FINAL EXAM 2 QUESTION AND ANSWERS LATEST GRADED A++ 2023-2024. Explain the steps in the process of carrying out sociological investigation. What specific questions must be answered as a researcher moves through their investigation? Your Answer: Sociological investigations are based on using scientific methods to collect data to understand social behavior. Basics of Sociological Investigation require: • Look at the world using the sociological perspective. • Being curious and as...

ASVAB Math Questions and Answers Graded A What are whole numbers? all positive integers including zero. Examples - 0,1,2,3 What are integers? all positive and negative numbers including zero. Examples - 0, 1,2,3, -1,-2,-3 What is a rational number? any number that can be written as a fraction with integer numerator and denominator. Example - 2/5, 0, 1, 4/3 What are irrational numbers? any number that is not a rational number and that cannot be written as a fraction or as a non repeating decim...

What is the Human development index (HDI)? - ANSWER-- This measure the education, healthcare, income, life expectancy and other factors - Scales from 0 (least developed country) to 1 (most developed country What is gross domestic product per capita (GDP)? - ANSWER-- This is the total value of goods and services produced by a country annually - GDP per capita equals GDP divided by the population of a country What is corruption perception Index (CPI)? - ANSWER-- This is approximate measurem...

SOWK 260 Final Exam Guide 2023 with complete solution Core mandates of social work promoting social change, social development, social cohesion, and the empowerment and liberation of people. Guiding principles of social work respect for the inherent worth and dignity of human beings, doing no harm, respect for diversity and upholding human rights and social justice. Globalization A process of global integration in which diverse peoples, economies, cultures, and political processes are in...