1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erma4kov [3.2K]
3 years ago
8

The U.S. Congressional Budget Office has projected the debt-to-GDP ratio to increase dramatically in the future. One of the majo

r reasons is the:
A.

projection of a high population growth rate.


B.

forecast of a recession.


C.

projected increasing health care costs for the aging population.


D.

forecast of negative economic growth.
Business
1 answer:
Viefleur [7K]3 years ago
8 0

Answer:

C.  projected increasing health care costs for the aging population.

Explanation:

If the debt to GDP ration increases, it means that the country will owe more money compared to capacity of creating wealth. A common problem for several developed countries is that the proportion or retired people has increased compared to the total active labor force. This means that the number of people working or searching of jobs relative to the number of retired people has decreased. Even though retired people tend to have more accumulated wealth, their living expenses are also much higher. What makes this situation a problem is that retired people only have passive income, they do not have earned income. And generally speaking, passive income grows at a much lower rate that earned income.

This is why many developed countries started to implement immigration policies focusing on highly trained and educated applicants that can replace their native workforce.

You might be interested in
Where do the prime minster lives
Tems11 [23]

Answer:

of which country!!!!!!!!!!!!!!!!!!!

The Prime Minister's official residence is 10 Downing Street; the Chancellor's official residence is Number 11. The government's Chief Whip has an official residence at Number 12. In practice, the individuals involved may live in different flats; the current Chief Whip actually lives at Number 9.

7 0
2 years ago
Jameson Corporation was organized on May 1. The following events occurred during the first month.
olya-2409 [2.1K]

Answer:

Answer:

Date     General Journal                Debit          Credit

a.           Cash                                 $70,000

                   Common stock                              $5,000

                   (5*100 shares * $10)

                   Additional paid - in - capital          $65,000

b.          No journal entry required       -                      -

c.           Cash                                  $18,000

                     Notes payable (long term)             $18,000

d.            Equipment                      $11,000

                      Cash                                                $1,500

                       Notes payable (Short term)          $9,500

e.             Notes receivable          $2,000

                       Cash                                                $2,000

f.              Store fixtures                $15,000  

                       Cash                                                 $15,000

7 0
3 years ago
7. Liqin fixes up old cars and sells them to supplement his retirement income. Liqin came across a beat-up 1955 Corvette that sh
ruslelena [56]

Answer:

a. 8%

Explanation:

Expected Return = [(Return*Probability)+(Return*Probability)+(Return*Probability) * 100%]

Expected Return = [{(15%*0.2)+(10%*0.2)+(5%*0.6)} * 100]%

Expected Return = [{(0.15*0.2)+(0.1*0.2)+(0.05*0.6)} * 100]%

Expected Return = [{0.03+0.02+0.03} * 100]%

Expected Return = [{0.08 * 100}]%

Expected Return = 8%

So, Liqin's expected return for fixing up and selling the Corvette is 8%.

7 0
3 years ago
Suppose the government imposes a $10 per month tax on cell phone service. If the demand curve for cell phone service is perfectl
34kurt

ctugalsvyhiewfvgbiubvrrebf ndhjbbvfhjbjkrebjerv rejrbvujrbrefjrbjuv rv;rvbnrjrvbvrf rntrntrbrhtbfvjbsjbfg jtbrgnnjnbjobgfrm,rtb bg btrjtrbtnotrnobtrnjklv mfbgvnb fjfv trbu rt u  rtsubrtsvjrt btv rt rt t rt trnm fgrbk gbf nrftbv kngtrb nkgbtr rgbtsbkjtbgr mtb

6 0
2 years ago
Assume again that the cost of capital is 7 percent and the effective tax rate is 40 percent. How would the payback, internal rat
vfiekz [6]

Answer:

If the effective tax rate increases then the net savings coming from investments will get lowered as a result the investment will have higher payback period (The increase in effective tax rate would lower demand of the product which means there is decline in net saving arising from the sale of the product). Likewise this decrease in annual net savings will also decrease the internal rate of return which shows that their are increased chances of project rejections. The NPV method is based on cash flows and relevant costing just like IRR and payback method but the only difference is that it assumes that the cash earned would be reinvested at cost of capital. The NPV will also decrease due to increased effective tax rate.

4 0
3 years ago
Other questions:
  • A __ agrees to help an immagrant become a citizen
    12·1 answer
  • The blood alcohol level goes down after the body begins to _______________________ alcohol from the system, a very slow process
    12·2 answers
  • Meadows Manufacturing follows the accrual system. An accrual results when ____________ and a deferral results when __________.
    11·1 answer
  • Although it is a small company, Zorn Enterprises owns a large number of inexpensive rental housing units in Texas and Louisiana.
    12·1 answer
  • Convention hotels provide meeting rooms and banquet hotels to convention participants. Sometimes a specific convention may invol
    11·1 answer
  • Olsson Corporation received a check from its underwriters for $72 million. This was for the issue of one million of its $5 par s
    11·1 answer
  • Aldo has just been audited by the IRS. He does not agree with the agent's findings but believes that he has only two choices: pa
    7·1 answer
  • Write a short paragraph that explains the central idea of the article. Use at least two details from the article to support your
    6·1 answer
  • Your boss would like your help on a marketing research project she is conducting on the relationship between the price of juice
    9·1 answer
  • An advantage of Describe multichannel marketing is that catalogs can serve a shopping tools for online purchasing, as they do fo
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!