Capitalism and  Inequality a) What were the policies advocat…

Capitalism and  Inequality a) What were the policies advocated by the  Washington Consensus (WC) and what did  Bolivian president, Evo Morales do in opposition to it? b)Using the terms such as gini coefficient, economic growth and distribution or income ,  what was the outcome of President Morales’  policies? Does capitalism automatically result in inequality?  Is it more important to have economic growth or to reduce income inequality? Explain c) According to recent data,  Bolivia’s gini coefficient is 40.9%, while the U.S. is at 41.3%.  Which country is relatively more unequal?  Why do you think Americans tolerate such a high degree of income/wealth inequality despite a high U.S. GDP? Which data   would you share with people to influence them to support policies that reduce inequality in the U.S.?  Why would you choose this data set?  Guidance:  define and use terms such as gini coefficient, economic growth, GDP, WC, income inequality.  You will want to answer each part in, at minimum 2 paragraphs

Efficiency vs. Fairness a) A simplistic view of socialism is…

Efficiency vs. Fairness a) A simplistic view of socialism is that everyone gets the same amount (say bread, housing, shoes etc….) of humans’ basic needs.    How is this simplistic view essentially unfair?    b)What is an example of a government policy that puts people on an “equal footing” as others in fulfilment  of basic needs. Is this policy a socialist one?  Explain why or why not? c) Which aspects of our economy should be focused on fairness,  rather than efficiency?  Why do you say that? Guidance:  define and use terms such as efficiency, socialism,  GDP,   GDP per capita, incentive & competition,  equality of opportunity and equality of outcomes in your answer.  You will want to answer each part in, at minimum 2 paragraphs

Consider the minimax search scenario where it is agent A’s t…

Consider the minimax search scenario where it is agent A’s turn and the current state can be expanded in to states 1 and 2 where it is agent B’s turn. Each of those states can be expanded to 1.1, 1.2, 2.1, and 2.2, where it is again A’s turn. Now consider that each of those states can be expanded twice to the following eight states with corresponding evaluation scores from A’s evaluation function:1.1.1: 101.1.2: 51.2.1: 81.2.2: 92.1.1: 42.1.2: 52.2.1: 22.2.2: 9Which state would the minimax algorithm move agent A in to?