1. Some bene?ts of the OAS program are means-tested, while the
CPP program is universal. Discuss two reasons why a universal
program might be preferable over a means-tested program.
Medicare is a social insurance program for elderly individuals
that covers the cost of healthcare if they fall sick. Suppose a
country decides to enact a similar program called BN-care because
it is discovered that many elderly citizen are going bankrupt after
they get sick, as the result of high medical costs.
a. What does this bankruptcy situation tell us about private
insurance markets? Why might this be the case?
b. Why are consumers willing to pay for insurance, given...
Describe the U.S.’s different social safety nets and social
insurance programs. How does “means-testing” affect participation?
How does redistribution relate to these programs?
The effect of social competence training is tested. 12 Subjects
are tested before and after the training for social competence on a
seven point scale. Data are ordinal scaled and not normally
distributed. The question is, if social competence is enhanced by
the training. Use Sign Test. Raw data are listed in the following
table: Before 5 3 4 2 1 6 7 3 2 3 5 1 After 6 2 4 4 3 6 7 5 3 5 5...
Consider a social insurance program that is financed by a payroll
tax. How does the incidence of this tax differ if the benefits of
the insurance program are restricted to workers, rather than if the
benefits are available to all citizens? Under what circumstances
will these differences be particularly large?
1. What are the objectives of the unemployment insurance program
established by the Social Security Act of 1935? How is this program
funded?
2. Describe the three phases of international assignments.
3. What are the different types of pay for rewarding individual
performance?
A program for generating random numbers on a computer is to be
tested. The program is instructed to generate 100 single-digit
integers between 0 and 9. The frequencies of the observed integers
were as follows. At the 0.05 level of significance, is there
sufficient reason to believe that the integers are not being
generated uniformly?
Integer
0
1
2
3
4
5
6
7
8
9
Frequency
9
7
9
6
10
14
8
10
12
15
(a) Find the...
A program for generating random numbers on a computer is to be
tested. The program is instructed to generate 100 single-digit
integers between 0 and 9. The frequencies of the observed integers
were as follows. At the 0.05 level of significance, is there
sufficient reason to believe that the integers are not being
generated uniformly?
Integer
0
1
2
3
4
5
6
7
8
9
Frequency
9
7
9
6
10
14
8
10
12
15
(a) Find the...
A program for generating random numbers on a computer is to be
tested. The program is instructed to generate 100 single-digit
integers between 0 and 9. The frequencies of the observed integers
were as follows. At the 0.05 level of significance, is there
sufficient reason to believe that the integers are not being
generated uniformly?
Integer
0
1
2
3
4
5
6
7
8
9
Frequency
10
8
7
9
13
11
5
9
14
14
(a) Find the...