In 2005, the United States had a deficit of $318 billion and it has risen to $665 billion in 2017. To save this atrocious mess, the government must implement the known saying “to make money you have to earn money.”

            According to Aaron, there is money being lost in the government because agencies aren’t big enough to catch the issues. Government needs to hire more people to catch the small issues such as tax evasion, in 2015 over $500 billion in taxes were not collected. But, in 2014 the IRS lost 20% of their funding. With the job cuts, there are not enough people to catch those who are evading their taxes and more money is lost with each job that is cut. The same occurrence is happening in many other agencies such as in Medicare and job disability. The oversite is causing the deficit to grow and is snowballing to more jobs lost in the government and more oversites that is a vicious cycle. The same can be said from my final paper, the lack of eyes on the issue is causing the issue to grow. Many people think to cut spending as the solution, but that only leads to short term gain and to make back the money the government has spent longer term issues need to be put in place.

The U.S. does not have to eliminate social care options like Medicare, instead they need to focus on making Medicare more profitable and not a loss of millions due to oversite the workers don’t have time to deal with. The “not my job” mentality needs to stop in the government and it is time to put in effect long term solutions to help the economy.

Instead, the online deficit program, only created short term promises. Instead of putting in the work each president cuts money for the places that really need it and hurts the U.S. as a result.

discussion board

For most of the 1800s, the United States did not recognize the copyrights of books written by foreign authors. As a result, many U.S. publishers printed “pirated”—unauthorized—editions of Charles Dickens and other British authors without paying them royalties. A history of book publishing noted, “[U.S.] publishers claimed that pirating [foreign] works allowed their prices to remain low, which in turn made the works more accessible to the public at large.” There were (eventually successful) attempts in Congress to recognize foreign copyrights in exchange for other countries recognizing U.S. copyrights. At the time, one U.S. publisher described these efforts as the “clamor of two hundred authors against the interests of fifty-five million people.” Do copyright laws benefit authors at the expense of readers? If so, why does the U.S. Constitution give Congress the right to enact copyright laws?

Source: J. P. Romney and Rebecca Romney, Printer’s Error: Irreverent Stories from Book History, New York: Harper, 2017, pp. 218, 227.

The life expectancy in the United States is 75 with a standard deviation of 7 years. A random sample of 49 individuals is selected. Round all probabilities to four decimal places.

a.What is the probability that the sample mean will be larger than 77 years?

b.What is the probability that the sample mean will be within 1 year of the population mean?

c.What is the probability that the sample mean will be within 2.5 years of the population mean?

The life expectancy in the United States is 75 with a standard deviation of 7 years.

Briefly describe the history of antitrust policies in the United States. What are the advantages and disadvantages of highly concentrated industries? Does market power encourage or discourage innovation? Under what circumstances should the government use its antitrust authority to limit industry concentration and market power?

Rotelco is one of the largest digital wireless service providers in the United States. In a recent year, it had approximately 100 direct subscribers (accounts) that generated revenue of $28,400. Costs and expenses for the year were as follows: Cost of revenue $13,900 Selling, general, and administrative expenses 9,400 Depreciation 3,100 Assume that 75% of the cost of revenue and 20% of the selling, general, and administrative expenses are variable to the number of direct subscribers (accounts). a. What is Rotelco's break-even number of accounts, using the data and assumptions above? Round to the nearest whole number. accounts b. How much revenue per account would be sufficient for Rotelco to break even if the number of accounts remained constant? Round to the nearest dollar. $ per account

The mean income per person in the United States is $43,500, and the distribution of incomes follows a normal distribution. A random sample of 14 residents of Wilmington, Delaware, had a mean of $50,500 with a standard deviation of $11,400. At the 0.010 level of significance, is that enough evidence to conclude that residents of Wilmington, Delaware, have more income than the national average? State the null hypothesis and the alternate hypothesis. State the decision rule for 0.010 significance level. (Round your answer to 3 decimal places.) Compute the value of the test statistic. (Round your answer to 2 decimal places.) Is there enough evidence to substantiate that residents of Wilmington, Delaware, have more income than the national average at the 0.010 significance level?

1. As of January 1, 2020 (before the rapid spread of the Coronavirus) was the United States economy operating in the Keynesian, intermediate, or neoclassical portion of the economy’s Short Run Aggregate Supply Curve? Explain your answer carefully using data and information that you have gathered regarding real GDP, unemployment, the GDP deflator, and inflation. You should discuss the concepts of potential GDP and the natural rate of unemployment to receive full credit.

The percentage of newborn baby boys in the United States is 51.2%. In a recent sample of 964 births, 473 of the newborn babies were boys. Use a level of significance of 0.02 to test the claim that the percentage of newborn baby boys is not equal to 51.2%. Show your work to receive credit.

The SAT is required of most students applying for college admission in the United States. This standardized test has gone through many revisions over the years. In 2005, a new writing section was introduced that includes a direct writing measure in the form of an essay. People argue that female students generally do worse on math tests but better on writing tests. Therefore, the new section may help reduce the usual male lead on the overall average SAT score (The Washington Post, August 30, 2006). The data provided is a sample of 60 students and their writing scores on the SAT from last year. The goal of this case study is to analyze the data and make conclusions about the population SAT scores and the difference between male and female scores.

Note: Use Excel to solve, including screenshots, and directions on how to solve on excel, construct the Null hypothesis too, Include each answer with its question number (1,2,3)

1.Construct the null and the alternative hypotheses to test if females outscore males on writing tests.  

2.Assuming the difference in scores is normally distributed, calculate the value of the test statistic. Do not assume that the population variances are equal.

3.Implement the test at alpha=0.01 and interpret your results.