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2 years ago

Why is Social Security and Medicare spending expected to increase further in the near future?

Business

2 answers:

kotegsom [21]2 years ago

6 0

Its so people can get money and medicare so people dont have to pay much when they have to go to the doctor

Shkiper50 [21]2 years ago

5 0

Because their where many baby boomers, and as they retire, there will be fewer people to support Social Security and Medicare

You might be interested in

The _____is a personality assessment model that taps basic dimensions encompassing most of the significant variation in human pe

Vitek1552 [10]

Answer:

Big Five model

Explanation:

The Big Five model also known as the Five Factor Model (FFM) or Ocean or Canoe model is a way of grouping human behavior/traits. This behavior or traits are subject to relationship between words.

The Ocean or Canoe (OCEAN/CANOE) abbreviation is a combination of the first letters of the words of the the five(big five) traits.

Openness to experience, Conscientiousness, Extroversion, Agreeableness, emotional stability(Neuroticism). It can also be rearranged to form CANOE as well.

This five traits are also affected by the upbringing or family cultures as well. Anyone described with any of the above word is most likely to have attributes that exemplify the meaning of the words.

I hope this helps.

4 0

3 years ago

Using a 14% cost of capital, calculate the net present value for each of the independent projects shown in the following table,

jenyasd209 [6]

Answer:

For project A ,

NPV = $-4,351.65

The project A isn't acceptable because the NPV is negative

For project B ,

NPV = $67,678.24

The project is acceptable because the NPV is postive

For project C,

NPV = $-76,528.17

The project C isnt acceptable because the NPV is negative

For project D,

NPV = $98,189.82

Project D is acceptable because the NPV is postive.

For project E ,

NPV = $8,548.44

Project E is acceptable because the NPV is postive.

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

Net present value can be calculated using a financial calculator

For project A,

Cash flow in year 0 = -20,000

Cash flow each year from year 1-10 = 3,000

I = 14%

NPV = $-4,351.65

The project A shouldn't be embarked on because the NPV is negative

For Project B,

Cash flow in year 0 = $ -600,000

Cash flow in year 1 = 120,000

Cash flow in year 2 = 145,000

Cash flow in year 3 = 170,000

Cash flow in year 4 = 190,000

Cash flow in year 5 =220,000

Cash flow in year 6= 240,000

I = 14%

NPV = $67,678.24

The project should be embarked on because the NPV is postive.

For Pr. C ,

Cash flow in year 0 = -150,000,

Cash flow in year 1 = 18,000

Cash flow in year 2 = 17,000

Cash flow in year 3 = 16,000

Cash flow in year 4 = 15,000

Cash flow in year 5 = 14,000,

Cash flow in year 6 = 13,000

Cash flow in year 7 = 12,000

Cash flow in year 8 = 11,000

Cash flow in year 9= 10,000

I = 14%

NPV = $-76,528.17

The project C shouldn't be embarked on because the NPV is negative

For Pr. D,

Cash flow in year 0 = -760,000

Cash flow each year from year 1 to 8 = 185,000

I = 14%

NPV = $98,189.82

Project D should be embarked on because the NPV is postive.

For Pr. E,

Cash flow in year 0 = -100,000

Cash flow each year for year 1 to 3 = 0 cash flow in year 4 = 25,000

Cash flow in year 5 = 36,000

Cssh flpw in year 6 = 0

Cash flow in year 7 = 60,000

Cash flow in year 8 = 72,000

Cash flow in year 9 = 84,000.

I = 14%

NPV = $8,548.44

Project E is profitable and can be undertaken.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0

3 years ago

The GDP of a country hasnt improved in the past three years. The central bank decided to take a measure that will increase the a

Leya [2.2K]

The correct answer is B. Reduce interest rates

Explanation:

The GDP or gross domestic product is measured based on the amount of money products and services produced by a country cost. This concept is related to the amount of money people in a country spend on goods and services. Additionally, one of the ways to increase the GDP by motivating people to spend more money is if interest rates are reduced because if the interest rate is low (money people need to pay for a loan) consumers are more likely to request loans and use the money of these on goods and services. This increases the amount of services and goods and therefore has a positive impact on the GDP.

4 0

2 years ago

The omission of the adjusting entry to record depreciation expense will result in an

Gemiola [76]

Answer:

B.overstatement of assets and an overstatement of owners' equity.

Explanation:

To recognize depreciation expense,the entries required are

Debit depreciation expense

Credit Accumulated depreciation

The accumulated depreciation is a credit balance in the fixed asset account. Depreciation is also an expense that reduces net income and thus reduces the owners equity.

Hence an mission of the adjusting entry to record depreciation expense will result in an overstatement of assets and an overstatement of owners' equity.

6 0

3 years ago

Excel SIM: High-Low Method; Contribution Format Income Statement Analyze a mixed cost using a scattergraph plot and the high-low

Rasek [7]

No that is not right she does

7 0

2 years ago