Household 1 earns $34,500 in employment income and $500 in i…

Household 1 earns $34,500 in employment income and $500 in investment income.  Household 2 earns $68,000 in employment income and $2,000 in investment income.  Household 3 earns $132,000 in employment income and $7,000 in investment income. Health insurance may be offered to each household under 3 different systems:  A premium-based system would cost each household $8,000.  A wage tax–based system would cost each household 10.2 percent of wages.  An income tax–based system would cost each household 9.8 percent of total income.  What percent of Household 1’s total income would be spent on health insurance under the premium based system? 

Household 1 earns $34,500 in employment income and $500 in i…

Household 1 earns $34,500 in employment income and $500 in investment income.  Household 2 earns $68,000 in employment income and $2,000 in investment income.  Household 3 earns $132,000 in employment income and $7,000 in investment income. Health insurance may be offered to each household under 3 different systems:  A premium-based system would cost each household $8,000.  A wage tax–based system would cost each household 10.2 percent of wages.  An income tax–based system would cost each household 9.8 percent of total income.  What percent of Household 1’s total income would be spent on health insurance under the wage tax system?  

Life Expectancy(in Years) Health Expendituresper Person Y…

Life Expectancy(in Years) Health Expendituresper Person Year 2020 Year 2025 Year 2020 Year 2025 Australia 81.8 82.8 $3,893 $4,965 United Kingdom (UK) 80.6 81.3 $3,281 $4,290 United States (US) 78.6 78.7 $8,559 $10,637   How much did it cost on average per person to add 1 year of life in the US between 2020 and 2025?

  Life Expectancy(in Years) Health Expendituresper Perso…

  Life Expectancy(in Years) Health Expendituresper Person Year 2020 Year 2025 Year 2020 Year 2025 Australia 81.8 82.8 $3,893 $4,965 United Kingdom (UK) 80.6 81.3 $3,281 $4,290 United States (US) 78.6 78.7 $8,559 $10,637   What is the change in health expenditure per person from Year 2020 to Year 2025 for the UK? 

  Life Expectancy(in Years) Health Expendituresper Perso…

  Life Expectancy(in Years) Health Expendituresper Person Year 2020 Year 2025 Year 2020 Year 2025 Australia 81.8 82.8 $3,893 $4,965 United Kingdom (UK) 80.6 81.3 $3,281 $4,290 United States (US) 78.6 78.7 $8,559 $10,637   What is the change in life expectancy from Year 2020 to Year 2025 for Australia? 

  Life Expectancy(in Years) Health Expendituresper Perso…

  Life Expectancy(in Years) Health Expendituresper Person Year 2020 Year 2025 Year 2020 Year 2025 Australia 81.8 82.8 $3,893 $4,965 United Kingdom (UK) 80.6 81.3 $3,281 $4,290 United States (US) 78.6 78.7 $8,559 $10,637   How much did it cost on average per person to add 1 year of life in Australia between 2020 and 2025?

Household 1 earns $34,500 in employment income and $500 in i…

Household 1 earns $34,500 in employment income and $500 in investment income.  Household 2 earns $68,000 in employment income and $2,000 in investment income.  Household 3 earns $132,000 in employment income and $7,000 in investment income. Health insurance may be offered to each household under 3 different systems:  A premium-based system would cost each household $8,000.  A wage tax–based system would cost each household 10.2 percent of wages.  An income tax–based system would cost each household 9.8 percent of total income.  What percent of Household 2’s total income would be spent on health insurance under the income tax system?