Table 3 Profiles The Economic And Demographic Factors That

Table 3 profiles the economic and demographic factors that influence a pre-retiree’s ability to save. The results highlight the impact of income, family structure, race, and education on the accumulation of financial and retirement assets, the pre-retiree’s standard of living as measured by net worth, and the amount of debt being serviced. Households with higher income were expected to accumulate more for retirement, while households with lower income were expected to have limitations in their ability accumulate retirement assets. As hypothesized, as the income level increased, the average amount of financial and retirement account assets increased. While each additional threshold of income represented a significant increase in financial†¦show more content†¦Surprisingly, the difference in net worth between the two groups was only 4.6%. Moreover, single pre-retirees with children experienced the greatest challenge of accumulating financial and retirement accoun t assets. The single cohort with children had only accumulated an average balance of $17,362 in retirement account assets. Within the family structure, single with children appears to be the most vulnerable group in preparing for retirement. Race was expected to factor into determining the impact of consumer debt on the ability of pre-retirees to save for retirement. This study hypothesized that non-White pre-retirees were expected to accumulate less in retirement assets as compared to White households. As hypothesized, White households accumulated significantly higher financial and retirement account assets as compared to the other groups, with an average account balance of $491,208 in financial assets and $111,773 held in retirement accounts. In addition, White households also had the highest average net worth. Table 3 illustrates that Black households accumulated the least amount of financial assets among the races and Hispanic households accumulated the least amount of retirement account assets. While Black households had the lowest average debt balance of any race, the debt to equity ratio was the highest among the groups due to the lower average net worth in comparison to the average debt balance. Morever,Show More RelatedIntroduction. Automobile Industry Has Been Rapidly Shifting1137 Words   |  5 Pagesgas-powered vehicles to other economic and environmentally friendly alternatives such as electric and plug-in hybrid cars. Nighthawk Motors is a fast-growing car maker company that is looking to become the number one car selling company in the world. Its latest plug-in hybrid car, the Ecostar, is equipped with latest electric-fuel engine and long lasting battery life. Although it is new to the market, the Ecostar has comparable quality and specifications to its competitors. Table 1 illustrates a side-by-sideRead MoreThe Organized And Unorganized Retail Potential Of India Essay721 Words   |  3 Pagesfamily business, where also decisions relating to general policy, buying etc. can be quickly made as occasions arise. Due to changes in the socio economic factors and changing market trends, the excellent opportunities are available for the growth of organized retailing in India. The growth of organized retailing in India in driven by the two main factors – rapid urbanization and benefits of conveniences which the consumers cannot resist. The retail pie is large enough for everyone to get a sliceRead MoreAged Population in Vietnam1035 Words   |  4 Pages *What is a demographic? â€Å"A demographic is the study of human populations in terms of size, density, location, age, gender, race, occupation, and other statistics. 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All the purchases made by a family follow a certain decision making process. III. OBJECTIVES OF THE STUDY The following objectives have been framed to find answer for the above questions raised by the researcher: 1. To study the socio-economic profile of the selected women consumers. 2. To examine the problem faced by the women while purchasing. IV. METHODOLOGY a. DATA AND SAMPLING The data utilized for the study is primary in nature. Primary data have been collected from the sample of 50Read MoreSears Holdings Corporation: Comprehensive Case Analysis1026 Words   |  4 Pagesthe Chairmans Letter to their shareholders on February 23,2012 (Chairman Letter, 2012) they are: 1-Creating lasting relationships with their customers by empowering them to manage their lives 2-Attaining best in class productivity and efficiency 3-Building our brands 4-Reinventing the company continuously through technology and innovation. 5- Reinforcing the SHC Way by living our values every day In todays information economy many different external opportunities are currently found andRead MoreDiploma In Computing (With Strands In Software Development1316 Words   |  6 Pages13/03/2017 MARKING SCHEDULE Student Name: Case Study 1 - Question number: Possible Marks: Student Marks: 1 3 2 5 3a 3 3b 3 4 12 5 18 6 16 Sub-total: 60 Case Study 2 – Question number: Possible Marks: Student Marks 1 11 2 5 3 5 4a 4 4b 4 4c 4 5 7 Sub-total: 40 OVERALL TOTAL: 100 = 60% Table of Contents 1. 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Essay on Treating Schizophrenia - 1889 Words

Introduction Approximately 22% of the American population suffers from some kind of mental disorder at any given time. (Passer and Smith, 2004) Schizophrenia is one of the most serious of these mental disorders, and there are many different kinds of treatment. While all mental disorders offer diagnosis and treatment challenges, few are more challenging than schizophrenia. It is both bizarre and puzzling, and has been described as â€Å"one of the most challenging disorders to treat effectively.† (Passer and Smith, 2004, 534) Schizophrenia is not yet fully understood, but it is known that it is characterized by extreme disturbances in many vital areas, including behavior, emotions, speech, perception and thinking. The term schizophrenia means†¦show more content†¦There are four kinds of schizophrenia, including paranoid schizophrenia, disorganized schizophrenia, catatonic schizophrenia, and undifferentiated schizophrenia. Causes are not clear, and biological, psychological and environment factors are being investigated. It is certain that there is a genetic component. (Passer and Smith, 2004) Clearly, this is a very serious disorder, which is often utterly incapacitating. Therefore, individuals urgently require efficacious treatment, both for survival and for quality of life, and many different kinds of treatment and therapy are used. This paper will examine the use of two of these, cognitive behavioral therapy and drug therapy, and evaluate which one is better. It will take the position that drug therapy is a more effective therapy for treating schizophrenia than is cognitive behavioral therapy. Justification of Position Treatment of schizophrenia may vary according to what clinicians believe to be its causes. For example, some believe (and this is backed by evidence) that the condition is caused by over activity of the dopamine system, so that the person experiences too much stimulation. Dopamine is a neurotransmitter, so that in effect too much activity is occurring in the brain. Clinicians who believe this is the case are likely to use drug therapies to correct this over activity, and will use antipsychotic drugs.Show MoreRelatedWhat is Involved in Treating Schizophrenia?615 Words   |  2 Pagesdetermined the cause or cure for Schizophrenia. Therefore, treating Schizophrenia is a hunt-and-peck effort, dictated by previous experience and ongoing clinical research. Obviously, the focus of mainstream medical practitioners is on reducing severity of symptoms and decreasing risks of further episodes. This does not indicate that if you or a Dear One has been diagnosed with Schizophrenia there is no hope. 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Absolute Advantage Versus Comparative Advantage - Free Solution

Question: Describe about the Absolute Advantage Versus Comparative Advantage? Answer: On a Valentines Day greeting cards and roses become necessary commodities. The demand for both the goods rises followed by the rise in price. The price of roses always increases more than the price of cards because of price elasticities. The supply elasticity of greetings card on Valentines Day is more elastic than the supply of roses. This is because manufacturers of greetings card can easily increase its production and stock up greetings card. Thus, the supply of cards is relatively elastic. But roses are perishable and are costly enough to increase its supply just for the Valentines Day. This is why the supply is relatively inelastic. (Png et al., 2008) The government imposes a price ceiling of $11 per dozen roses. Price ceiling is the maximum price that the seller can sell to the buyers. The price ceiling provides gains for buyers but some loss is involved for the sellers. (Objectives for Chapter 8 Price Floors and Ceilings, 2015) The gap between the demand and supply causes a shortage of roses. If monitored properly, then this law can be effective to maintain a reasonable price. 2: In consumer behavior what appears to be an irrational behavior to the outsider may be a rational behavior to the individual himself. In this case, the student who was engaging himself in drinking, a day before his exams may seem to be an irrational individual. The irrational behavior arises when an individual has inadequate reason to act, suffering from emotional distress or cognitive deficiency or when individuals interest differs from their expectation, when situation is out of control or one may be fearful, nervous or full of stress. Here the student might be nervous or stressful about his exam the next day and hence he is depicting an irrational behavior by intoxication. The professor might find this rational as some belief that relieving stress is important for exams. (Ariely, 2011) The student can behave rationally by exercising certain stress free techniques to release his nervousness. This could be done by eating well, sleeping well, preparing well for the exam, if possible exercise too be stress free. All these can relieve stress and make the student behave rationally. The profit maximizing condition is given by: Where MR= Marginal Revenue and MC= Marginal Cost. Total Revenue, TR= P(Q)*Q TR= [240 0.10*Q]*Q TR= 240*Q 0.10*Q2 Now: MR= 240 - 0.2*Q Now from the maximizing condition 240 0.2*Q = 30 240 30 = 0.2*Q Q*= 1050 The 1050 wave runners will St. Martin Rentals rent per day. Profit maximizing price (in $) is: P(Q)= 240 0.10*Q* P(Q)= 240 0.10* 1050 P(Q)= 135 Daily revenue (in $): TR= P(Q)*Q TR= 240*Q*- 0.10*(Q*)2 TR= 240*1050 0.10*(1050)2 TR= 141750 The daily cost (in $) is given by: TC= 30*Q* + 80000 TC= 30*1050 + 80000 TC= 111500 Profit (in $) is obtained by: = TR TC = 141750 111500 = 30250 3: Hot Chocolate Snow cones Anna 6 16 Elsa 16 20 It is clear from the above table that Elsa has absolute advantage in producing both cups of hot chocolate and snow cones in an hour. The opportunity cost of producing 1 cup of hot chocolate per hour is 2.66 for Anna. The opportunity of producing 1 cup of hot chocolate per hour is 1.25 for Elsa. The opportunity cost of producing 1 snow cone per hour is 0.375 for Anna. The opportunity cost of producing 1 snow cone per hour is 0.8 for Elsa. Since the opportunity cost of producing 1 cup of hot chocolate for Elsa (1.25) is lower than that of Anna (2.66), Elsa has comparative advantage in producing hot chocolate per hour. And since the opportunity cost for producing 1 snow cone per hour for Anna (0.375) is lower than that of Elsa (0.8), Anna has comparative advantage in producing snow cones per hour. (Absolute Advantage Versus Comparative Advantage, 2015) Hot chocolate Snow cones Anna 15 8 Elsa 32 20 Clearly Elsa has absolute advantage in producing hot chocolate and snow cones. The opportunity cost of producing 1 snow cone per 3 hour is 1.85 for Anna The opportunity cost of producing 1 snow cone per 3 hour is 1.6 for Elsa. Since opportunity cost for Elsa is lower than that of Anna, Elsa has comparative advantage in producing snow cones. The opportunity cost of producing 1 cup of hot chocolate per 3 hour is 0.53 for Anna. The opportunity cost of producing 1 cup of hot chocolate per 3 hour is 0.625 for Elsa. Since opportunity cost for Anna is lower than that of Elsa, Anna has comparative advantage in producing hot chocolate. Anna specializes in hot chocolate and will sell it to Elsa. On the other hand Elsa specializes in snow cones and will sell it to Anna. In this way they will develop trading relationship be better off. 4: Purchasing a Tig Welder would involve an opportunity cost of the spending $90,000 immediately. There will be a loss of annual interest rate on $90,000 which is 0.05*90,000 = $4500. If $90,000 was lent out then $4500 would have been gained. But purchasing this welder would save only $700 in labor costs per year forever which can save a lot of money in the long run. Hence, this investment can be made. By purchasing a three-dimensional printer, $6500 will be incremented in the revenue per year. But by lending $80,000, an interest of (0.05*80,000) $4000 would have been obtained. This interest rate of return is much lower than the incremental revenue. Thus this investment must be made. By lending out $25000, a return of (1.05*25000) $26250 will be earned. But by organizing this six-sigma training, there will be a one time savings of $26000. Hence, it is not advisable to make this investment. By spending $5000, an interest of $250 is lost and by spending $12000 for the next year, $600 is lost. If $17000 were lent out for two years then there would have been a gain of $18700 which is higher than the return from the completion of the six sigma training of $16000 for one time. Thus, this investment must not be made. 5: A fall in the cost of screen manufacturing by 15%, increases the supply. As producers are now able to sell more quantities of good at the same price. The cost reduction also leads to increase in profit. (net, 2015) Uncertainty regarding the nutritional value of drinking carbonated soda reduces the demand for the same at the existing price. The exchange rate of Canadian dollar in terms of US dollar has increased which implies that Depreciation of Canadian dollar had taken place which implies Canada will now import less and export more. Thus a situation of excess supply arises. (CMS Forex, 2015) The popularity gained by the one inexpensive beef brisket had led to increased demand. This increased demand has resulted in increase in price of beef brisket based on The Wall Street Journal. (CAMPOY and KOPPEL, 2015) References Absolute Advantage Versus Comparative Advantage. (2015).Boundless. [online] Available at: https://www.boundless.com/economics/textbooks/boundless-economics-textbook/international-trade-31/introduction-to-international-trade-124/absolute-advantage-versus-comparative-advantage-493-12589/ [Accessed 22 Feb. 2015]. Ariely, D. (2011).Predictably irrational. [Kennett Square, Pa.]: Soundview Executive Book Summaries. CAMPOY, A. and KOPPEL, N. (2015). Brisket Was Cheap and Delicious; Now Its Expensive and You Have to Wait in Line.The Wall Street Journal. [online] Available at: https://www.wsj.com/articles/brisket-was-cheap-and-delicious-now-its-expensive-and-you-have-to-wait-in-line-1423180291 [Accessed 22 Feb. 2015]. CMS Forex, (2015).Supply and Demand in Currency Trading. [online] Available at: https://www.cmsfx.com/en/forex-education/online-forex-course/chapter-2-fundamental-factors/exchange-rates-supply-and-demand/supply-and-demand/ [Accessed 22 Feb. 2015]. Objectives for Chapter 8 Price Floors and Ceilings. (2015). 1st ed. [ebook] Available at: https://www2.palomar.edu/users/llee/101Chapter08.pdf [Accessed 22 Feb. 2015]. Png, I., Lehman, D., Cheng, J. and Png, I. (2008).Study guide to accompany Managerial economics, third edition, by Ivan Png and Dale Lehman. Malden, MA: Blackwell, Pub. Tutor2u.net, (2015).Tutor2u - Market Supply. [online] Available at: https://tutor2u.net/economics/content/topics/demandsupply/supply.htm [Accessed 22 Feb. 2015].

Are you demonstrating the academic skills needed to succeed in college Essay Example For Students

Are you demonstrating the academic skills needed to succeed in college? Essay I am demonstrating the academic skills that are essential to perform at a high caliber as a college student. Since being in college biology I have introduced to the skill that I need to succeed in college. Week one I received a CR grade, week two I received a 70%, week three I received an 80%, week four I received a 77%, week five I received a 77%, and week six I received a 60% due to major lab grade. The grades that I have received are from KS connect. I think with the help of my metacognitive skills, I have been able to succeed in this class. The three metacognitive skills that stick out to me the most are; self-regulation, meta-memory, and meta-comprehension. I use self regulation by checking the weekly assignments on black board, knowing that it is my job to see find the assignments by myself. I think that this skill is needed in college because the professors are not going to hold your hand throughout college and they expect you take the initiative and do things on your own. The next skill is meta-memory, or knowing your own memory strategies. This skill, to me, was very important on our first exam. I learned that I learn best by repeating things over and over again. Having good studying strategies will help you in college because there will be many tests and I will need to have good studying strategies. Last but not least is meta-comprehension, being able to monitor the degree in which we understand is the most important. After self-evaluation, I learned that in order for me to really focus is that I need to give my full attention, and leave all of my distractions at the door. While I am in college I cannot let the information that is being taught to me slip by. I do not perform better in a course that expects me to perform at that of a college student, much like biology 104. This class is the only one that has laboratory assignments and according to the data I collected this class is my lowest grade. This week I have a 75%, in AP world history I have an 85%, in PC apps, in Art history I have a 93%, in English I have a 96%, in math I have an 89%, and lastly in Intro to theatre I have a 98%. My hypothesis said that I preform in classes that are of college curriculum, and I was right. The reason to this was because of the lab that we recently did, I received a low grade due to the lack of skills that I have on doing labs. In the classes that I do not have labs in I am doing much better. As I was looking at my data I noticed that its not just the labs themselves, but it is also the amount of reading required for this class, I was never fond of reading. I need to fix that about myself, I need to have the discipline to read everything that is assigned. In conclusion, I am not utilizing my self-regulation skill and need to fix that for next quarter and beyond. In my junior class, and the seniors who are enrolled in this course, males preform academically better than females based off of the past biology exam. Data that I have, received from Mr. Patino, shows that six girls have scored less than a C- and only one boy scored less than a C-. Unfortunately this does not back up my hypothesis stating that boys are not smarter than girls. Looking at my class as a whole I have noticed that the boys are very completive when it comes to school. For example, when the teachers called the students to a sign up for AP classes I saw that there were more boys than girls, I was very surprised. I think that that competitive attitude gives the boys the ability to preform academically better.