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Pavel [41]
3 years ago
14

Why is social security and Medicare spending expected to in crease further in the near future? -) the people who qualify will al

l receive maximum benefit -) the baby boomer generation will qualify for both programs -) the amounts of people receive are expected to take a big jump -) the generation over age 85 will qualify fo expensive medical programs
Business
1 answer:
masya89 [10]3 years ago
6 0

Answer:because people invents new tecnoligy and other things

Explanation:

You might be interested in
Which of the following statements about cover letters is false?
Radda [10]

The false statement about cover letters from the list of options is C. A cover letter is sent before a résumé so that the employer knows it is coming.

<h3>What is a Cover Letter?</h3>

This refers to the one-page document that a job seeker submits with his resume or CV that serves as an introduction.

Hence, we can see that based on the fact that cover letters are used by job seekers to make an introduction of themselves, we can see that sending it before a resume is false.

Read more about cover letters here:

brainly.com/question/3602860

#SPJ1

6 0
1 year ago
How soon does a landlord have to return a security deposit in Florida?
shusha [124]

Answer:

15days

Explanation:

4 0
3 years ago
Crinks Corporationu ses direct labor hours in its predetermined in its predetermined overhead rate. At the beginning of the year
balu736 [363]

Answer: $11920 Overapplied

Explanation:

We have to calculate the Predetermined overhead rate which would be:

= Estimated total manufacturing overhead / Estimated amount of the allocation base

= $355,680 ÷ 14,400 direct labor-hours

= $24.70 per direct labor-hour

Since the actual hours is 10,800 hours, therefore, the applied overhead would be:

= 10,800 × 24.70

= $266,760

Since the actual overhead = $254,840, then the overapplied Overhead would be:

= $266,760 - $254,840

= $11920 Overapplied

6 0
2 years ago
A number of political leaders have expressed concern about the​ nation's decline as a major steel producer. many have advocated
zavuch27 [327]

The answer to the question is that the substitution of domestic steel for foreign steel absorbs resources that would otherwise produce goods of great value.

Though America is declining in terms of domestic steel production, it does not mean the nation as a whole is failing, including in terms of production. Since the skills that workers use to produce steel are transferable to other industries, this allows them to be involved in industries that are creating more relevant value right now than steel; choosing to return to domestic steel production might prove to be inefficient.

8 0
2 years ago
Clara is setting up a retirement fund, and she plans on depositing $5,000 per year in an investment that will pay 7% annual inte
azamat

Answer:

It will take her 10 years to reach the retirement goal of $69,082.

Explanation:

Annuity can be explained as a constant stream of payments made at specific and/or special interval.

From the scenario painted, $5000 represents the annuity figure, as this is expected to be made annually at a 7% interest rate. The goal is to reach $69,082 in retirement fund. The $69,082 thus represents the future annuity. The $69,082 is the future value that is expected to have aggregated over time through the constant payment of the annuity figure of $5000 at a specified interest rate. Thus, this is called future value of annuity.

To get the future value of an annuity, we simply relate the future value, annuity payment and the interest factor together.

Thus, future value= annuity * interest factor.

Future value =$69,082

Annuity=$5,000

Hence, making interest factor the subject of the formula, we have:

Interest factor=$69,082/$5,000

Interest factor= 13.82(approximation)

Therefore, looking this up on the future value of an annuity table, at the specified rate of interest - 7%, the number of years we would arrive at is 10.

6 0
3 years ago
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