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3 years ago

Which of the following statements about Medicare and Social Security are false? Choose one or more:

Business

1 answer:

Nimfa-mama [501]3 years ago

3 0

Answer:

Option A, B, E are false.

Explanation:

Medicare and social security are refered to as the social insurance programs.

While medicare provides health care to the elderly and some disabled youngsters, the social security program aims at giving security against any loss in the income of individuals due to any unexpected situations.

Both of these programs only represents about one third of the total government spending.

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A dot plot titled Miles Emilia Ran Each Week going from 1 to 6. 1 has 2 dots, 2 has 3 dots, 3 has 2 dots, 4 has 2 dots, 5 has 3

ipn [44]

Answer:

The true statement is " The spread is from 1 to 6."

Explanation:

Consider the provide information.

First we will draw the dot plot as shown in the figure.

Now consider the options.

The data is not symmetric as for the symmetry the dots over 1 should be equal to the dots over 6. i.e 4.

Now find the center of the data by calculation the median of the data.

There are 16 dots in total which is an even number.

So, now we will find the average of the two middle values.

This will be the 8th and 9th value average for the given data set of 16 values.

Count from left to right the 8th and 9th values are both 4.

$\text{Median}=\frac{4+4}{2}$

$\text{Median}=4$

Hence, the center of the data is 4.

The second statement is false.

The peak of the data is at 6.

The third statement is false.

The spread is from 1 to 6 as we can see in the figure shown below.

Therefore, the true statement is " The spread is from 1 to 6."

8 0

3 years ago

Read 2 more answers

A consumer equilibrium is a situation in which a consumer has allocated _____ of her income in a way that _____. A. all; maxi

ludmilkaskok [199]

Answer:

The correct answer is (D) all, maximizes her total utility.

Explanation:

Consumer's equilibrium is a defined as a situation in which an individual uses his or her money to buy goods in a manner in which the person obtains the highest satisfaction and has no need for a change in the level of consumption on account of the price of the product.

Consumer equilibrum enables an individual to obtain complete satisfaction from his or her money. Consumer equilibrum is found by comparing the ratio of the marginal utility to the price of a commodity.

3 0

3 years ago

Read 2 more answers

Cost of Goods Sold Budget Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budge

tresset_1 [31]

Answer:

Cost of Goods Manufactured = $1,797,100

Explanation:

Cost of Goods Sold Budget

for the Month Ending June 30

Particulars Amount ($) Amount ($)

Finished Goods Inventory $14,300

Work in process inventory $9,600 $23,900

Direct Materials:

Direct materials inventory $11,500

Direct materials purchases $1,372,500

Less: Direct material inventory June 30 $(12,700)

Cost of Direct materials in use: $1,371,300

Direct labor $164,700

Factory Overhead $247,100

Total Manufacturing Cost $1,807,000

Total work in process during period

less: work in process inventory June 30 $(9,900)

Cost of goods manufactured $1,797,100

5 0

3 years ago

Read 2 more answers

On November 1, 2019, Davis Company issued $30,000, ten-year, 7% bonds for $29,100. The bonds were dated November 1, 2019, and in

Tcecarenko [31]

Answer: A.) $1,095

Explanation:

Bond value = $30,000

Rate = 7%

Period = 10 years

Issue price = $29,100

Bond value × rate :

30,000 × 0.07 = $2100

Semi annually:

$2100 / 2 = $1050

(Bond value - issue price) ÷ (period × 2)

($30,000 - $29,100) / (10 × 2)

$900 ÷ 20 = $45

$1050 + $45 = $1,095

8 0

3 years ago

Christy spent $500 over her budget on gifts during the holidays. in addition to her regular job, she took a part-time job at the

allsm [11]

5 weeks 500/(12x10) =4ish then round up

8 0

3 years ago