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4 years ago

Since 2002, health care costs in the united states have risen by an average of _____ percent per year.

Business

1 answer:

Eddi Din [679]4 years ago

5 0

Since 2002, health care costs in the united states have risen by an average of 15 percent per year.

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Which term is defined as a loan given to students to help pay for educated related expenses

Gemiola [76]

Federal Student Aid or Loan.

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3 years ago

Read 2 more answers

Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the followin

natali 33 [55]

Answer:

a. What is Mary’s federal tax liability?

$20,243.75

b. What is her marginal tax rate?

25%

c. What is her average tax rate?

average tax rate for ordinary income = $18,293.75 / $90,000 = 20.33%

average tax rate on all of Mary's taxable income (including long term capital gains) = $20,243.75 / $103,000 = 19.65%

Explanation:

Since the personal exemption is $4,000, I assume that this question takes place during 2015.

total ordinary income = $82,000 (salary) + $12,000 (dividend income) + $5,000 (interest income) + $2,500 (short term capital gains) = $101,500

long term capital gains = $13,000

taxable ordinary income = $101,500 - $4,000 - $7,500 = $90,000

tax liability on ordinary income = $5,156.25 + [($90,000 - $37,450) x 25%] = $18,293.75

tax liability on long term capital gains = $13,000 x 15% = $1,950

total tax liability = $20,243.75

6 0

3 years ago

Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of

evablogger [386]

Answer:

A net income decrease of $130900 will occur by eliminating the mountain bike division.

Explanation:

Find the attachment

7 0

3 years ago

saul85 [17]

Answer:

The answer is below.

Explanation:

The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:

$z=\frac{x-\mu}{\sigma}\\\\where\ x=raw\ score, \mu=mean,\sigma=standard\ deviation\\\\For\ a\ sample\ size(n):\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }$

a) Given that n = 100, μ = 2000, σ = 18

For x < 1995 millimeters:

$z=\frac{x-\mu}{\sigma/\sqrt{n} }=\frac{1995-2000}{18/\sqrt{100} } =-2.78$

From the normal distribution table, P(x < 1995) = P(z < -2.78) = 0.0027

b) P(z > z*) = 10% = 0.1

P(z < z*) = 1 - 0.1 = 0.9

z* = 1.28

$z*=\frac{x-\mu}{\sigma/\sqrt{n} }\\\\1.28=\frac{x-2000}{18/\sqrt{100} }\\\\x-2000 =-2.304\\\\x=2002.3\ ml\\\\$

From the normal distribution table, P(z < z

6 0

3 years ago

Refer to the demand schedule below: Price ($) Quantity demanded 80 0 70 50 60 100 50 150 40 200 30 250 20 300 10 350 0 400 a. Su

snow_tiger [21]

Answer:

a. inelastic

increases

b. inelastic

increases

c. elastic

decreases

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes. An increase in price would lead to decrease in total revenue

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one. An increase in price would increase total revenue

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

Elasticity when price increases from $10 to $20 : -0.143 / 1 = -0.143

Percentage change in quantity demanded = (300 / 350) - 1 = -0.143

Percentage change in price = (20 /10) - 1 = 1

Demand is inelastic

Elasticity when price increases from $30 to $40 : -0.2 / 0.33 = 0.6

Percentage change in quantity demanded = (200 / 250) - 1 = -0.2

Percentage change in price = (40 /30) - 1 = 0.33

Demand is inelastic

Elasticity when price increases from $50 to $60 : -0.33 / 0.2 = 1.65

Percentage change in quantity demanded = (100 / 150) - 1 = -0.33

Percentage change in price = (60 /50) - 1 = 0.2

Demand is elastic

8 0

3 years ago

Since​ 2002, health care costs in the united states have risen by an average of​ _____ percent per year.

Since 2002, health care costs in the united states have risen by an average of _____ percent per year.