Friday, October 23, 2015

US PRESCRIPTION DRUG ECONOMICS: QUESTIONS 3 & 4


Q3. What was the prescription drug expenditure for US in 2002?

A. $125B
B. $145B
C. $165B
D. $185B 
E. $205B


Q4. What was the prescription drug expenditure for US in 2014?


A. $185B 

B. $265B 
C. $325B 
D. $355B 
E. $375B

Tuesday, October 13, 2015

LABOR ECONOMICS: QUESTIONS 1 & 2

QUESTIONS:



Brief summary of the above graph - The above graph shows the salary in 2013 US dollars for various tiers split into 4 limits.

1. Based on the above graph, which decade was the best decade in terms of increase (if any) in salary for
    a. Lowest Upper limit:
    b. Second Upper limit:
    c. Third Upper limit:
    d. Fourth Upper limit:
    e. Lower Limit of Top 5%:

2. This graph compares the real median income ratio (with respect to all races) for different races, and its relation to percentage degree holders -





What can you conclude from this graph?