How do you come up with the budgetary cost in the Health Clinic?

1: The primary cost of the Social Security program is the

A :Redistribution of income from younger to older workers.

B: Financial costs of administering the program.

C: Benefits paid.

D: Reduction in total output the program causes because of work disincentives.

2:Social insurance programs

A:Involve an income eligibility test.

B:Are a type of welfare program.

C:Are means-tested.

D: Are event-conditional.

3: A market failure exists when an imperfection in

A: Welfare programs prevents an optimal outcome.

B: The market mechanism prevents an optimal outcome.

C :Federal government policies prevents an optimal outcome.

D: State government policies prevents an optimal outcome.

4: The poverty gap is the

A: Difference between the income of a household in poverty and the average income.

B: Difference between the incomes of the richest and poorest households.

C: Percentage of families under the poverty level.

D: Shortfall between actual income and the poverty threshold.

5: Use the following formula to answer the indicated question: Welfare benefit = Maximum benefit - Wages A welfare system based on the welfare formula given

A: Will increase the number of people eligible for welfare.

B: Has an effective marginal tax rate of 50 percent for welfare recipients.

C: Will increase work incentives.

D: Will increase the risk of moral hazard.

6: The breakeven level of income is the

A: Level of income at which welfare eligibility ceases.

B: Amount of income a person must have to reach the poverty line.

C: Level of income at which an individual household begins to have some discretionary income.

D: Lowest level of income at which in-kind benefits are no longer necessary.

7: In-kind transfers include

A: Public housing and Medicare.

B: Social Security benefits and housing subsidies.

C: Medicaid and unemployment benefits.

D: Transfer payments and food stamps.

8: U.S. poverty is more about ________ deprivation than ________ deprivation.

A: absolute; significant

B: meaningful; mild

C: relative; absolute

D: insignificant; relative

9: Which of the following statements is true?

A: U.S. GDP per capita is five times larger than the world average.

B: The poorest nations of the world have average incomes of $5,000.

C: According to world standards, 12 percent of Americans are poor.

D: "Extreme poverty" refers to an income of less than $2 per day.

10: U.S. per capita GDP is roughly how much larger than the world average?

A: Four times as large.

B: Twice as large.

C: Three times as large.

D: Five times as large.

11: According to the World Bank, roughly 800 million people are classified as being in ________ poverty.

A: extreme

B: tremendous

C: severe

D: subsistence

12: According to the World Bank, ________ people are classified as being in severe poverty.

A:800 million

B:100,000 million

C:2.5 billion

D:500,000 million

13: The Millennium Poverty Goal is the United Nations' goal of reducing the global rate of extreme poverty to ________ percent by 2015.

A: 0

B: 10

C: 15

D: 5

14: Economic growth

A: Cannot be sustained over time.

B: Causes the production possibilities curve to shift inward.

C: Refers to an increase in output.

D: Means that capacity has decreased in the short run.

15: An increase in total output or real GDP is

A: The Millennium Poverty Goal.

B: The inequality trap.

C: Economic growth.

D: Productivity growth.

16: An increase in production possibilities is known as

A: Upward mobility.

B: Predictable growth.

C: Economic growth.

D: Factor expansion.

17: In the poorest nations, agriculture is likely to contribute as much as ________ percent to total output.

A: 30

B: 85

C: 10

D: 55

There are two main company(A, B) in a market. Their products are identical. The marginal cost for producing is $3/1 product.

Qd = -2000P + 15000 (Demand curve)

What is a payoff matrix by finding two company’s profit if two company make a cartel and split the market equally?

What is a payoff matrix by finding two company’s profit if company A makes 1000 more product while company B keeps the previous agreement?

What is the Nash equilibrium in the two situation? The cartel is good or not for the two company? Why?

Need an academic response to this post of a fellow student

The cost of getting your degree includes tuition, fees, transportation, housing, course materials, economic factors, etc. A potential student must first take into consideration how much everything will cost all together because receiving a formal education isn’t cheap at all. Steps they can take into choosing if a formal education is worth the cost is knowing what they will do with their degree once they have it. Setting a versatile career goal that they fully plan on sticking to. This will ensure all the hard work and money that went into this education will be put to good use. A student must also take personal living costs into consideration. How much will they spend on food, gas, rent, clothes, etc. I think getting a formal college education is worth the opportunity costs because you could come out very successful in the end. It’s a big risk worth taking.  

This is main topic discussed

Define the opportunity cost of getting your degree by analyzing what steps and economic factors a potential student must make when choosing to pursue an education. Given your answer, is getting a formal college education worth your opportunity costs? Why?

Thank you

A machine that cost SAR 320,000 is owned by a cement factory. Salvage is estimated at SAR 75,000.
Compare book values for MACRS, DB (20%), DDB and standard SL depreciation over a 7-year recovery
period.

In a paper appearing in the National Tax Journal, titled “The cost of complexity in federal student aid: Lessons from optimal tax theory and behavioral economics”, Susan Dynarski and Judith Scott-Clayton examine the current federal methodology for determining eligibility for financial aid. At the time they wrote, it was true that “The FAFSA, at five pages and 128 questions, is lengthier than Form 1040EZ and Form 1040A. It is comparable to Form 1040 (two pages, with 118 questions).” Why might the complexity of the FAFSA reduce efficiency in the distribution of financial AID?  

Soylent Corp sells $150,000 of energy drinks with a cost of materials at $90,000 and a cost of production at $22,500. Fixed operating costs are $20,000.
a)Determine current profit.

b)If Soylent Corp uses the Sales Strategy to increase sales to $250,000, its fixed costs will increase by $10,000. Determine the new profit. Profits increased by what percent?

c) If Soylent Corp uses the Supplier Strategy to decrease material costs in order to double profits determine the new material cost. Materials would now be what percent of sales?

Mass Waste Disposal Inc. is considering the construction of a facility at a cost of $20 million. The project will produce positive cash flows of $7 million per year for the next 4 years but the 5th and final year will have a net negative cash flow of $5 million. If the reinvestment rate is 10% and the cost of capital is 9%, the MIRR of this project is ________ and the project should be ________. (accepted/rejected) Show all work and explain for credit.