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3 years ago

List and explain six specific ways to control the rising cost of health care.

1 answer:

3 0

Make the Most of Wellness Programs: Participating in biometric screenings, such as checking blood pressure and cholesterol levels. Let a Discount Card Fill the Gaps: Look for plans that allow you to try it for 30 days and get a refund within that period if youâ€™re not satisfied. Shop Around for the Best Price: Save a significant amount of money simply by changing their health care provider. Get Your Free Preventive Care: By taking advantage of your health planâ€™s free preventive services, you may be able to identify potential areas of concern before they balloon into something bigger. Make Smart Lifestyle Choices: You can reduce your chances of developing a chronic condition or needing to be hospitalized by eating a balanced diet, staying active and avoiding risky behaviors. Use an HSA with Eligible High-Deductible Plans: Money deposited into an HSA rolls over each year and can be used tax-free for medical expenses, even if your insurance changes.

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You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

hoa [83]

Answer:

You need to have in mind that you are looking at the present value because the lump sum is worth $50,000 today. You need to compare the present for 10 years of your life would be worth today.

So:

FV=0

N=10 X 12=120

PMT= 641

I=6.5% / 12= 0.5417%

Solve for PV= $56,451.91 (is larger than $50,000)

7 0

3 years ago

Sales of denim shorts and denim jeans for may totaled $1,955. the shorts sold for $15 each, and the jeans sold for $28 per pair.

Vesnalui [34]

Number of shorts sold=xnumber of Jeans sold =y 100 items were sold x +y=100 eq 1x=100-y The shorts sold for $15 each, and the jeans sold for $28 per pair.Sales of denim shorts and denim jeans for May totaled $1,955. 15x+28y=1955 eq 2

substitute the value of x in second equation 15(100-y) +28y=1955 1500-15y+28y=1955 13y=455 y=35 x=100-35=65 Number of shorts sold=x=65
number of Jeans sold =y=35

7 0

3 years ago

A) For the utility function above, if the price of the good is $4, what is the Marginal Utility per Dollar for the fourth unit c

ryzh [129]

The Marginal Utility per Dollar for the fourth unit consumed is 2.50 utils.

The Marginal Utility per Dollar for the second unit consumed is 9 utils.

Utility is the total satisfaction a consumer derives from consuming a good or service.

Marginal utility is the change in total utility when a consumer increases the unit consumer by one.

Marginal utility = change in total utility / change in price

Marginal Utility per Dollar for the fourth unit consumed

Marginal utility when the fourth unit is consumed = (64 - 54) / (4 - 3)

10 / 1 = 10.

Marginal utility per dollar = 10 / $4 = 2.50 utils

Marginal Utility per Dollar for the second unit consumed

Marginal utility of the second unit = (40 - 22) / (2 - 1) =

18 / 1 = 18

Marginal utility per dollar = 18 / $2 = 9 utils

Please find attached the table of the utility function. To learn more, please check: brainly.com/question/14850856?referrer=searchResults

6 0

3 years ago

A professional gambler moves from a state where gambling is illegal to a state where gam-bling is legal. Most of his income was,

Murrr4er [49]

Answer:

The answer is: A) raises GDP.

Explanation:

If a gambler is a professional gambler (pays income tax on his gambling earnings) then when he moves from a state that prohibits gambling to a state that allows gambling, his earnings will increase the GDP.

The GDP only considers legal income, so illegal activities such as prostitution, drug trafficking, or illegal gambling are not included in the GDP. But if they become legal (e.g. some states legalized marijuana) then they should be included in the GDP.

4 0

3 years ago

An owner of a large ranch is considering the purchase of a tractor with a front-end loader to clean his corrals instead of hirin

asambeis [7]

Answer:

1) none of the above $3828.57 ( E )

2) $1143 ( c )

3) $24571 ( A )

4) $17142.86 ( E )

5) 12% ( B )

6) $410 ( B )

7) $2744.95 ( f )

8) $17,489 ( c )

9) $24282.36 ( F )

10) 867

Explanation:

1) The annual after-tax net returns

net income = cash flow - depreciation

= $10500 - $\frac{cost of equipment}{estimated life}$ = 10500 - (40000/7) = $4785.71

calculate the annual net after tax returns = net income * (1 - Tax rate ) = 4785 * (0.80) = $3828.57

2) Tax savings from depreciation

Tax savings from depreciation = Depreciation amount * Tax rate

= $(\frac{equipment cost}{estimated life} ) * Tax rate$

= (40000/7) * 0.2 = $1142.86 ≈ $1143

3) After tax terminal value in three years

Sale value = $25000,

Book value = 40000 - ( 5714.29 * 3 ) = $22857.13

Gain on sale = sale value - book value = $2142.87

tax rate = gain on sale * tax rate = 2142.87 * 0.2 = $428.57

Terminal value = sales value - tax rate = 25000 - 428.57 ≈ $24571

4) Accumulated depreciation over the three years

= depreciation amount * 3 years

=5714.29 * 3 = $17142.86

5) After tax discount rate

= discount rate * (1 - tax rate )

= 15% * 0.80 = 12%

6) Present value of the after-tax net returns

SOLUTION attached below

7) Present value tax savings from depreciation

= Tax savings from depreciation / ( 1+r)^n note ; n = 3

= $1142.86 / ( 1 + 0.12 )^3 = $2744.95

8) present value of the after-tax terminal value

Pv of terminal value = Terminal value / ( 1 + r ) ^n

= $24571.43 / ( 1 + 0.12 ) ^3 = $17,489

9) Net present value

= net cash flows / ( 1 + r ) ^n

= 34114.29 / ( 1 + 0.12) ^3

= $34114.29 / 1.4049 = $24282.36

7 0

3 years ago