Pension data for David Emerson Enterprises include the following: ($ in millions) Discount rate, 8% Projected benefit obligation, January 1 $ 350 Projected benefit obligation, December 31 510 Accumulated benefit obligation, January 1 345 Accumulated benefit obligation, December 31 460 Cash contributions to pension fund, December 31 195 Benefit payments to retirees, December 31 63 Required: Assuming no change in actuarial assumptions and estimates, determine the service cost component of pension expense for the year ended December 31.

Why has the free enterprise system been modified to include some government intervention?

Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)