Business
Business, 17.12.2019 02:31, Cyu437

Consider a government training program that provides low-skilled men job-specific training. to evaluate this program, members of the target population were randomly assigned to either a treatment group that was eligible to receive services under the program or to a control group that was not. using this evaluation design, the following information was obtained: members of the treatment group were found to remain in the program an average of one year, during which time they received no earnings but were paid a tax-free stipend of $5,000 by the program to them cover their living expenses. during the program year, the average annual earnings of the control group were $10,000, on which they paid taxes of $1,000. during the program year, the welfare and unemployment compensation received by the two groups were virtually identical. program operating costs (not including the stipend) and the cost of services provided by the programs were $3,000 per trainee. during the two years after leaving the programs, the average annual earnings of the members of the treatment group were $20,000, on which they paid taxes of $2,000. during the same period, the average annual earnings of members of the control group were $15,000, on which they paid taxes of $1,500.during the two years after leaving the program, the average annual welfare payments and unemployment compensation benefits received by members of the treatment group were $250. during the same period, the average annual welfare payments and unemployment compensation benefits received by members of the control group were $1,250.a. using a 5 percent discount rate, a zero decay rate, and a five-year time horizon, compute the present value of the net gain (or loss) from the program form the trainee, nonparticipant, and social perspectives. in doing this, ignore program impacts on leisure and assume that all benefits and costs accrue at the end of the year in which they occur.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 16:20, HarleyHailey
Winston uses the high-low method. it had an average cost per unit of $10 at its lowest level of activity when sales equaled 10,000 units and an average cost per unit of $6.50 at its highest level of activity when sales equaled 20,000 units. what would winston estimate its total cost to be if sales equaled 8,000 units?
Answers: 3
image
Business, 21.06.2019 17:50, jonthedon62
Identify which of the twelve basic functions listed below fit the description given.
Answers: 1
image
Business, 21.06.2019 23:30, brittd2728
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
image
Business, 22.06.2019 14:50, QuarkyFermion
Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
Answers: 3
Do you know the correct answer?
Consider a government training program that provides low-skilled men job-specific training. to evalu...

Questions in other subjects: