Answer:
- B. The former program trustee argues that the current inflation measure overcompensates seniors since it ignores the substitution effect.
- C. According to advocates for seniors, the 2020 COLA is not enough to compensate for rising healthcare costs.
- D. Elizabeth Warren has proposed using a new inflation measure that outpaces the current one used.
Explanation:
The article is, ''<em>Social Security checks to rise modestly amid push to expand benefits
'' </em>by<em> Associated Press. </em>
Blahous is a former program trustee who believes that the current inflation adjustment rate at which Social security is increasing is overcompensating seniors because it does not take into account that seniors could be switching to buying cheaper products which is the Substitution effect.
Advocates and the seniors themselves have complained that the 2020 COLA is not enough to meet their current needs especially given the rising cost of healthcare.
Elizabeth Warren and Bernie Sanders both proposed using a new measure for inflation that will adequately compensate the seniors because it outpaces the current one used.
Answer: Web 2.0
Explanation:
Web 2.0 are the websites that are easy to use, have participatory culture, utilize user-generated content for its end users.
This is the method used by Nefchio as we are informed that it uses interactive and collaborative features to create a richer, more interesting, and more useful experience for its users to beat the competition in the industry.
Answer:
- b. As the population in the United States ages, fewer workers have the physical ability to work in the industry.
- d. Due to global warming, working conditions on farms have become undesirable for more and more people.
- e. The adoption of strict immigration laws reduces the number of legal and illegal immigrants in the United States.
- h. New machinery is replacing workers in the harvesting of crops.
Explanation:
With workers getting older and being unable to be as productive as they used to be, they will have to drop out of industries that require physical strength including farming. This will therefore reduce people working in agriculture.
With global warming having made working in the fields much more harsh, people are avoiding careers that would keep them outdoors including farming which has led to a drop in the labor supply for agriculture.
A significant portion of workers in agriculture are immigrants so when immigration laws limit the number of immigrants coming in, labor supply in agriculture will reduce.
New machinery reduces the need for workers in agriculture so the more they are bought, the less workers are needed. This will therefore directly reduce the number of people working in agriculture.
Answer:
Loan percentage = 33.33%
Amount spend on food = 7200
Explanation:
Monica's salary is 45000
Amount spend on loan is 15000
The percentage of amount spend on rent
=15000/45000 x100
=0.33333 x 100
=33.33 %
Amount spend on loan = 15,000
The remaining amount = 45,000 - 15,000
=30,000
24% of 30,000 is spent on food
Actual amount = 24/100 x 30,000
=0.24 x 30,000
=7200
Amount spent on food = 7200
