PLEASE ANSWER SOON WILL GIVE BRAINLIEST

After reading the article, select the statements that are correct. Choose one or more: A. The cost-of-living adjustment for 2020

Mama L [17]

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, ''Social Security checks to rise modestly amid push to expand benefits '' by Associated Press.

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.

8 0

2 years ago

Harrington makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60%

GuDViN [60]

Answer:

Cash Collection is $122,000

Receivable as on August 31, is $97,000

Explanation:

Total budgeted cash collection in the month of August is $122,000 and total receivables as on August 31 is $97,000.

A schedule for the cash collection is made in MS Excel file, which is attached with this answer, please find it.

Download xlsx

5 0

2 years ago

Caroline runs her own business selling horse related products (saddles, boots, bridles, etc.). She is considering investing $70,

Katyanochek1 [597]

Answer:

The present value the expected costs of the new security and data management system is $-75,062.5

Explanation:

Kindly check attached picture for explanation

6 0

2 years ago

Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at

Butoxors [25]

Answer:

The question is not incomplete as it is missing the requirement below:

A) The activity rates for each activity and

B) The activity-based factory overhead per unit for each product.

Fabrication activity rate=$68 /dlh

Assembly activity rate =$35 /dlh

Setup activity rate =$390/setup

inspection activity rate=$90/inspection

Speed boat activity based factory overhead=$387000

Bass boat activity based factory overhead=$213000

Explanation:

Fabrication activity rate=$204,000/(2000+1000)=$68 /dlh

Assembly activity rate =$105000/(1000+2000)=$35 /dlh

Setup activity rate =$156000/(300+100)=$390/setup

inspection activity rate=$135000/(1100+400)=$90/inspection

Speed boat total overhead is computed thus:

fabrication $68*2000 136000

Assembly $35*1000 35000

setup $390*300 117000

inspection $90*1100 99000

Total 387000

bass boat total overhead is computed thus:

fabrication $68*1000 68000

Assembly $35*2000 70000

setup $390*100 39000

inspection $90*400 36000

Total 213000

8 0

2 years ago

A company is selling used office equipment for $12,000.

FromTheMoon [43]

Answer:

ans-b

Explanation:

The ans is b, hope it helped you.Have a nive day

4 0

2 years ago