Which of the following is true about the Old Age, Survivors, Disability, and Health Insurance (OASDHI) program?
A. There are no eligibility requirements to be met by an individual to receive benefits.
B. High earners help subsidize benefit payments to low earners.
C. Federal, state, and local government employees account for a high percentage of employees covered under this program.
D. Only about 50 percent of U.S. employees are covered by the program.
E. Old-age insurance benefits for fully insured workers begin at the age of 50.
Answer: B
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Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 3 customers and determining whether or not they purchase any merchandise. How many sample points exist in the above experiment? (Note that each customer is either a purchaser or non-purchaser.)
A. 3 B. 6 C. 8 D. 9
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Indicate whether the statement is true or false
A top-down data modeling approach to describe the data structure and other requirements of an organization, independent of any particular reports or screens, is called:
A) corporate modeling. B) enterprise modeling. C) view integration. D) data consolidation.
Sunnyfax Publishing pays out all its earnings and has a share price of $37. In order to expand, Sunnyfax Publishing decides to cut its dividend from $3.00 to $2.00 per share and reinvest the retained funds
Once the funds are reinvested, they are expected to grow at a rate of 13%. If the reinvestment does not affect Sunnyfax's equity cost of capital, what is the expected share price as a consequence of this decision? A) $36.67 B) $41.90 C) $52.38 D) $62.86