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In “The False Income-Inequality Narrative,” Jason L. Riley argues that fairness is not about getting money from more productive persons and giving it to less productive persons because welfare breeds passivity and make people have less desire to work; disparities are “normal” since pure fairness doesn’t exist due to demographic, cultural and other factors; shining immigrants show that citizens are still able to find opportunities to grow without being subsidized.
Prompt:
I want you to write your own "agree/disagree BUT" thesis statement in response points made in the previous statements. I don't want a simple "agree" or "disagree" response -- I want something more nuanced. For example, you may write, "I agree with this part of author's argument but not this other part,"
Then, I want you write two or three sentences in which you IDENTIFY and RESPOND TO (AGREE/DISAGREE WITH) two or three specific claims that the author makes or uses.
Client maintains a website, theme being lifestyles for individuals (an information center on recreation, quality of life, dining, theatre, etc.) Client's customer base are restaurants, playhouses. etc. The service they provide to their clientele is a..
What are some of the possible reasons why Delta Air Lines may have extended the lives of flight equipment and changed the residual values for depreciation purposes four times since 1986?
The Matrix Company began operations as of the beginning of 2015. During 2015, Matrix reported GAAP (book) income before taxes of $789,500. For income tax purposes, depreciation expense was $150,000; for GAAP (book) purposes, depreciation expense was ..
Boyd Company sold a futures contract (one) on Treasury bonds that specified a price of 93-00. When the position was closed out, the price of the Treasury bond futures contract was 94-20. Did interest rates increase or decrease? How do you know? What ..
You would like to purchase a car that costs $25,000. You have $5,000 to use as a down payment and have found financing for the remainder at a rate of 6.25%. The financing repayment plan requires equal monthly payments for 4 years. What will your paym..
Grady Home Health has a profit margin of 15 percent on sales of $20 million. If the firm has debt of $7.5 million and total assets of $22.5 million, what is Grady's return on assets?
You are planning your retirement in 10 years. You currently have $172,000 in a bond account and $612,000 in a stock account. You plan to add $6,800 per year at the end of each of the next 10 years to your bond account. How much can you withdraw each ..
Estes Park Corp. pays a constant $1.7 dividend on its stock. The company will maintain this dividend for the next 17 years and will then cease paying dividends forever. If the required return on this stock is 2.34 percent, what is the current share p..
Suppose you are planning to purchase a house for $265,500. You have a sufficient savings to make a down payment of 12.5%, and are interested in making weekly mortgage payments. The bank has offered you a rate at 8.25% for a 20-year mortgage. What is ..
Mary is going to receive a 34-year annuity of $9,900. Nancy is going to receive a perpetuity of $9,900. If the appropriate interest rate is 12 percent, how much more is Nancy’s cash flow worth (today)? (Enter rounded answer as directed, but do not us..
Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463%, with interest added (compounded) daily. How much will you have in your account on October 1, or 9 months later?
What are the monthly payments for a 30 year transitional mortgage? What are the payments for a 20 year traditional mortgage?
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