All categories

3 years ago

You run the Social Security Administration. What about this chart might worry you?

Business

2 answers:

AURORKA [14]3 years ago

8 0

Answer:

The amount of taxpayers that are part of the "older generation" is slowly rising and is higher than the amount in 1997.

Explanation:

Remember to run a successful government, you must have the income in which to run the government programs. Most of these funds come from taxpayer's. In this case, it is clear that younger people generally make more as well as are generally healthy, leading to a large amount of input of money into the government, with fewer withdrawals. This would give a huge boost to the government budget. Older people on the other hand tend to not work as much, so their taxes are generally lower. They also withdraw more from the Government through Social Security, and so leaves the government with a negative balance from them in most cases.

The chart on the other hand shows a increase of percentage of older people, which leaves a large gap in between the surplus and the spending, leading to a decrease of funding for the government. If this continues, the government would lose money, and would have to cut programs or face collapse. To fix this, they either have to, like stated above, cut programs, or give more taxes. Both are unacceptable to the American Public, which is what makes the government, as well as the average citizen, worried about the US government's funding surplus.

saul85 [17]3 years ago

6 0

The taxi payers are the older generation

You might be interested in

Carson Electronics uses65 percent common stock and 35 percent debt to finance its operations. The aftertax cost of debt is 5.8 p

Lina20 [59]

Answer:

$471,319.20

Explanation:

Carson's WACC = (0.65 x 16.1%) + (0.35 x 5.8%) = 10.47 + 2.03 = 12.5%

The PV of the investment = CF / (1 + wacc) + {[CF / (wacc - g)] / (1 + wacc)}

PV = $46,000 / 1.125 + {[$46,000 / (9.5%)] / 1.125}

PV = $40,890.71 + ($484,210.53 / 1.125)

PV = $40,890.71 + $430,428.49 = $471,319.20

8 0

3 years ago

When the Treasury bond market becomes less liquid, other things equal, the demand curve for corporate bonds shifts to the ______

poizon [28]

Answer: right; left

Explanation:

When the Treasury bond market becomes less liquid, other things equal, the demand curve for corporate bonds shifts to the right and the demand curve for Treasury bonds shifts to the left.

Liquidity is highly sought after in the bond market such that more liquid securities have a higher demand than less liquid securities.

Should Treasury bills become less liquid, their demand would decrease which would result in the demand curve for treasury bills shifting to the left.

More people would then switch over to Corporate bonds which would have more liquidity. The increase in demand for corporate bonds will lead to the demand curve for corporate bonds shifting to the right.

5 0

3 years ago

Provide an argument for how Coke's disastrous marketing campaign for New Coke might actually have been a good thing for the comp

igor_vitrenko [27]

New Coke failed due to negative opinions on the product when it was reformulated, without this tremendous fail, Coke would probably have kept the New Coke without thinking of going back to the Classic Coke, this rebranding which resulted in significant success wouldn’t have happened if the consumers didn’t hate New Coke so much.

3 0

3 years ago

Brock Co. adopted the dollar-value LIFO inventory method as of January 1, Year 6. A single inventory pool and an internally comp

goldfiish [28.3K]

Answer:

When using dollar-value LIFO, the ending inventory at current year cost must first be converted to base year cost. The 12/31/Y2 inventory at base year cost is given as $60,000. Since the 12/31/Y1 inventory at base year cost was $45,000 ($40,000 base layer and $5,000 year 1 layer), a new layer of $15,000 was added in year 2 ($60,000 − $45,000). This layer must be restated using the year 2 price index. The year 2 price index is computed using the double-extension technique, as illustrated below.

4 0

3 years ago

An industrial company contacts John Deere to design a specific type of equipment for use in its manufacturing facility. If John

Anestetic [448]

Answer:

product design

Explanation:

Based on the information provided within the question it seems that this process is called a product design. This process is the creation of an idea that leads to a brand new product, and is created from a set of specifications provided by the designer on a blueprint. Such as what the two company's must make if they accept the offer.

7 0

3 years ago