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Social Security, Medicare, and Lockboxes
1. How did the Social Security system contribute to the surpluses of the late 1990s?
2. How can a baby boom cause problems for an unfunded pension system?
3. What are two solutions to the "real" problem posed by the growing number of retiring baby boomers beginning in 2020?
4. Why won't a fully funded Social Security trust fund solve the real problem the U.S. economy will face as more and more baby boomers retire?
Strategic importance for the functioning of the capitalist system
Guillermo wants to have $2,000,000 in net worth when he retires. Â To achieve this goal, he plans to invest $10,000 each year (starting one year from now) into a account that earns 10% interest compounded annually. Â The amount of time before, Guille..
The questions asked that suppose that, because of important technological improvements, the society in question can double its production of tractors at each level of food production.
the following events occur simultaneouslyi the price of beef rises beef and leather both come from cows.ii the price of
What does theory predict about the impact of this EITC expansion on the labor supply of single women with children? Discuss the predictions. Would you expect a difference by family size.
Oye and Maxwell's terminology is this an example of a "Stiglerian" or an "01- sonian" regulatory situation? Carefully explain your reasoning.
Why did president Obama want to repeal the Bush era tax cuts on upper income taxpayers How would the repeal of these tax cuts impact aggregate demand and to what degree? How did the economic conditions in 2010 make such a repeal less likely to tak..
Some economists have argued that if the government wishes to subsidize health care, it should instead provide predetermined sums of payments (based on the type of health care problems experienced) directly to patients, who then would be free to ch..
Does this production function display increasing, constant or decreasing returns to scale and find the corresponding minimum cost function assuming that w 1 and w 2 are given.
The production function
In view of persistent government debt and deficit problems some of economists propose cyclically-adjusted balanced budget rule for government. Compare this proposal to a strict balanced budget rule. Which is preferable? What problems do you see with ..
Why is MTV so profitable relative to the major networks?
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