which of the following is a true statement? multiple choice a remainder interest held by the decedent at the time of death is not included in the decedent's gross estate. the value of a remainder interest depends in part on the section 7520 interest rate at the time of death. the value of a remainder interest in a life estate is independent of the age of the life tenant. the value of a life estate does not depend upon the age of the life tenant. none of the choices are true.

Answers

Answer 1

Based on the concept of estate management and the available options, the true statement regarding the estate issue is that the value of a life estate does not depend upon the age of the life tenant.

What is Life Estate

Generally, or in common law, a life estate is a term that is used to describe e the ownership of immovable property for the duration of a person's life.

However, in legal terms, a Life estate is an estate in real property that ends at death when ownership of the property may revert to the original owner, or it may pass to another person.

Therefore for a successful transfer of estate from one ownership to another, it is true that the value of a life estate does not depend upon the age of the life tenant.

Hence, in this case, it is concluded that the correct answer is option D. the value of a life estate does not depend upon the age of the life tenant.

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Related Questions

What should i name my blue dinosaur

Answers

Yeah blue dinosaur is perfect

Answer:

Blu or Bluemoon

Explanation:

Cause I like them :D

Apples are selling for .15 cents per apple. The amount you buy is 823 apples, and you decide to sell those apples for .75 cents per apple. What is the total revenue for selling these apples?

Answers

Answer:

123.45 cents

Explanation:

Revenue = price per unit x quantity sold

0.15 x 823 = 123.45

Although channels of distribution allow consumers and industrial users access to products from all over the world, they do not guarantee that consumers will be able to purchase anything they want. Tiny time they want. Certain products may only be available in limited supplies. Because of supply and demand, channel members may be able to charge higher prices for coveted products. This may be fine for a designer handbag, but what if the product is more basic, like fresh water or medical supplies? Or, let's say there is a hurricane or tornado in a certain part of the country, and many people need to repair their homes and roofs. Is it OK for channel members to mark up hardware products during this time to make a bigger profit?

Answers

Answer:

We can more easily obtain products from all over the world. Channels of distribution allow consumers, industrial users, producers, and other channel intermediaries to save time and money. They also allow us to more easily obtain products from all over the world, since we do not have to travel and search for each individual item we wish to purchase.

Caspian Sea Drinks is considering the production of a diet drink. The expansion of the plant and the purchase of the equipment necessary to produce the diet drink will cost $24.00 million. The plant and equipment will be depreciated over 10 years to a book value of $2.00 million, and sold for that amount in year 10. Net working capital will increase by $1.34 million at the beginning of the project and will be recovered at the end. The new diet drink will produce revenues of $8.73 million per year and cost $1.62 million per year over the 10-year life of the project. Marketing estimates 18.00% of the buyers of the diet drink will be people who will switch from the regular drink. The marginal tax rate is 30.00%. The WACC is 14.00%. Find the NPV (net present value).

Answers

The net present value of the project is $5,064,849.

Calculation of NPV (net present value):

To calculate the NPV, the cash flows should be calculated. We have the following data:

Initial Cost: $24 million

Annual revenues: $8.73 million

Annual cost: $1.62 million

Increase in working capital: $1.34 million

Switch from regular drink: 18%

Depreciation over 10 years: ($24 - $2) / 10 = $2.2 million per year

Selling price of equipment: $2 million

Marginal tax rate: 30%WACC: 14%

The formula to calculate NPV is:

NPV = ∑(Cash flows / (1 + WACC)^t) - Initial cost

Here, t is the time period in years.

To simplify, we can use Excel to calculate NPV.

The cash flows in the first year would be:

Revenue - cost - tax = (8.73 - 1.62) × (1 - 0.30) = $4.561 million

Cash flow for the next 9 years would be the same, but the book value of the equipment and the tax rate would be different. In year 10, the cash flow would be:

Revenue - cost - tax + selling price of equipment - tax on gain = (8.73 - 1.62) × (1 - 0.30) + 2 - (2 - 2.2) × 0.30 = $7.262 million.

The initial cash flow would be:-$24 + $1.34 + $4.561 = -$18.1 million.

The cash flow for the next 9 years would be: $4.561 million.

The cash flow in year 10 would be: $7.262 million.

The NPV can be calculated by inputting the data into the formula or using the Excel NPV function. The NPV is $5,064,849.

Therefore, the net present value of the project is $5,064,849.

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The Pohl Pool Company has six jobs waiting to be processed through its liner department. Processing can start immediately. Total Remaining Processing Time (Days) Due Date (Days from Now Total Remaining Number of Operations Job 13 2 10 12 a. If the slack per operation scheduling rule is used, in what order would the jobs be started? b. What is the mean lateness (in days) of the sequence calculated in question a? c. What is the mean tardiness (in days) of the sequence calculated in question a? d. What is the average number of job in the system using the sequence in question a?

Answers

The average number of jobs in the system is the sum of the jobs in the system on each day divided by the number of days, which is (1+2+3+3+2+2+2+2+1+1+1+1+1) / 13 = 1.69 jobs.

The Pohl Pool Company has six jobs to be processed in its liner department.

The company can start processing immediately, but they need to consider the total remaining processing time and due date for each job. To determine the order of processing, the slack per operation scheduling rule is used.

After applying this rule, the order of jobs is determined. The mean lateness and mean tardiness of the sequence are then calculated. Additionally, the average number of jobs in the system using the sequence is determined. These metrics help the company to better understand the efficiency of their liner department and to plan their operations accordingly.

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write how vermicompost is prepared in a pit​

Answers

Explanation:

Vermicomposting pits are mainly used by farmers. These farmers dig a large hole that serves the purpose of burying worms and organic waste material. Pits made for vermicomposting are usually 1 m deep and 1.5 ms wide.

All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of each maturity must be disclosedB spread must be disclosedC participation amount of each underwriter must be disclosedD customer must be sent a copy of the Official Statement, if available

Answers

Answer:

D

Explanation:

customer must be sent a copy of the official statement, if available

Which step directly follows "loss of jobs” in the stagflation cycle?

Answers

Answer:

fewer items produced

Explanation:

Answer:

D

Explanation:

Identify a true statement about alliances and joint ventures. group of answer choices they are likely to be less favored as a means of doing business in emerging countries. they have become popular in recent years because of the significant operational benefits they offer to both multinational companies (mncs) and their local partners. they fail to help partners overcome the effects of local collusion or limits being put on foreign competition. they prevent partners from achieving economies of scale and scope that would be easy for a firm operating alone to accomplish.

Answers

Increasing popularity demonstrates their perceived value in achieving mutual benefits for the participating entities.

What is a true statement about alliances and joint ventures?

A true statement about alliances and joint ventures is that they have become popular in recent years because of the significant operational benefits they offer to both multinational companies (MNCs) and their local partners. Alliances and joint ventures allow companies to pool resources, share risks, access new markets, and leverage each other's expertise, which can lead to improved competitiveness and market expansion. These collaborative arrangements can provide strategic advantages and synergistic opportunities for growth and innovation. While there may be challenges and risks associated with alliances and joint ventures, their increasing popularity demonstrates their perceived value in achieving mutual benefits for the participating entities.

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Which fact supports the idea that renting is a good
option for living in a place for a short period of time?
Leases are generally for a month or a year.
а
Renting requires a large down payment.
Mortgages are usually for 15 or 30 years.
Landlords take care of most maintenance.

Answers

The fact that support the idea that renting is a good is Landlords take care of most maintenance.

What is renting?

Renting refers to an agreement where a payment is made for the temporary use of a good, service or property owned by another.

It is obtaining a owner's property, in return for regular payments.

Hence, the fact that support the idea that renting is a good is Landlords take care of most maintenance.

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Answer:

Landlords take care of most maintenance.

Explanation:

in which situations would a firm be most likely to use persuasive advertising? (choose every correct answer.)

Answers

The situation in which the firm should be most likely to use persuasive  advertising is  A product division where competition is intense ,

Other correct option are  :

A brand that the enterprise wishes to reposition , A product category in the growth or early maturity stage of the product life cycle.

What's persuasive advertising?

Persuasive advertising leverages the appeals and interests of consumers to persuade them to buy a product or service. This form of advertising frequently focuses on the advantages the product or service can offer the end- user.

What are persuasive strategies?

Persuasive strategies are the techniques or strategies that authors use to take a attitude on an issue, prevailing their readers to agree with a some idea or view. authors vary their convincing strategies grounded upon their followership, motives and penning variety.

Why is persuasion significant in advertising?

Persuasive advertising convinces a consumer to buy your product or service grounded on how they feel about it, not information. These programs allow you to demonstrate credibility throughout well- constructed arguments. These assertions cause people to accept you and do something about it.

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Imagine that you were responsible for maintaining a company’s website. What kind of recurring tasks might you create in Outlook to help you do your job?

Answers

Any task that will take place repeatedly throughout the course of your project can gain from being set as a recurring activity. Several instances include: Meetings may be held weekly, bimonthly, monthly, or quarterly. Reports are issued weekly, bimonthly, monthly, or quarterly.

There are some jobs that come up again throughout any project or personal endeavor. They typically occur on a regular basis and need to be finished before they do so once more. These items are known as recurring tasks, and most task management programs allow you to set them up to repeat themselves automatically. Setting up a task to repeat itself repeatedly on a regular basis is a typical practice.

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B. Industria and Extractive Occupation can be grouped into Extractive, direct and indirect C Construction, Manufacturing D. Manufacturing, Commercial and direct​

Answers

Industrial and Extractive Occupation can be grouped into   option A. Extractive, direct, and indirect.

What is the Occupation  about?

Businesses and extractive occupations include the extraction of crude materials from nature. This incorporates businesses such as mining, oil and gas extraction, logging, as well as angling.

These businesses extract  assets from the environment and get ready them for assist handling or utilize in fabricating and other businesses. They are fundamental for giving the crude materials that back numerous other businesses and financial exercises.

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A central bank's pursuit of policies that control inflation and reduce business cycle fluctuations best illustrates which core principle? Multiple Choice Markets determine prices and allocate resources. Time has value. Stability improves welfare. Risk requires compensation.

Answers

Answer:

Stability improves welfare

Explanation:

In simple words, central banks throughout the world try to cope with instability in their economic systems, in the form of inflation and deflation, by using various monetary and fiscal policies as well as related tools.

This is evidence of the fact that stability in an economy enhances welfare as the money value will not fluctuate continuously. Therefore, government can manage risk, tackle shocks and perform economic processes more efficiently.

how can asking for help with your work be an advantage​

Answers

It will be an advantage if you answer your questions again after getting help.But without looking at the answers you got from friends and compare it later to see if your answers were alike or not.

Discarded Disney: A salesman from Alex Foods making a delivery to Disneyland's Casa de Fritos suggested that instead of trashing unsold tortillas, they fry them up to serve the next day. This was the origin of what chip brand?

Answers

The origin of the chip brand is referring to Doritos. The suggestion made by the salesman from Alex Foods to fry up unsold tortillas instead of trashing them has a significant impact on the history of snack food. This event marked the beginning of the birth of the famous chip brand known as Doritos.

Disneyland's Casa de Fritos, which was located in Frontierland, started frying up these discarded tortillas and served them to visitors the next day. The crunchy, cheesy snack quickly gained popularity among the visitors, and soon, they were in high demand. The Frito-Lay Company saw an opportunity to market the snack to a wider audience, and they acquired the recipe for the chips from Casa de Fritos.

In 1966, the first Doritos flavor, Toasted Corn, was released in the United States, and the brand became a household name. Since then, Doritos has continued to innovate and release new flavors and varieties of the chips, such as Nacho Cheese and Cool Ranch.

This story of how a discarded food item became a popular snack brand is a testament to the power of creativity and resourcefulness. The salesman's suggestion to fry up unsold tortillas may have seemed like a small idea at the time, but it changed the course of snack food history forever.

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Which of the following is a list of assets?
A.cash, accounts payable, inventory, furniture
B.cash, accounts receivable, inventory, furniture
C.cash, bank loan, inventory, furniture
D.cash, accounts receivable, inventory, owner's equity

Answers

It’s definitely either A or C. Sorry I can’t be much of help but good luck and I hope you pass
It’s definitely not A or C. The correct answer is B. Cash, inventory, furniture definitely all have value that can be accessed by the firm so they are assets. Accounts receivable are all the outstanding invoices that are owed to the firm by others so those are like cash that is promised to the firm which are also valuable. All of theses are assets on a Balance Sheet

pls respond soon!
Two stocks are offered to investors, one long-term, one short-term. Assuming each bond pays the same interest rate, which is the best option for a 30-year-old investor?

-Short-term with low returns
-Long-term with high returns in year one
-Long-term with low yearly returns
-Short-term with high returns in year one

Answers

The best bond option for a 30 - year old investor is Long-term with low yearly returns.

What type of bonds are best for young investors?

The type of bond that would be best for a young investor would be one that has a long term horizon. This is because young investors have a long time ahead of them to make money from their jobs. They don't need the returns from the bonds just yet. They will however need those bond returns when they are older and so they should just pick a long - term bond.

When it comes to the returns they should go for, the bond should be one with low yearly returns. Again, they don't need the returns as much so they can take those with low yearly returns. These ones are less risky and so will be available for them when they grow old. A 30 - year - old investor should therefore take a long - term bond with low yearly returns.

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Answer:

C.  Long-term with low but steady yearly returns

Explanation:

how do the rates of land use and gasoline consumption in australian cities compare with those in u.s. cities?

Answers

At any level of per capita land consumption, people in U.S. cities use more gasoline than those in Australian cities

Consumption is the act of the usage of assets to meet contemporary desires and wants. It is visible in comparison to investing, which is spending for the acquisition of future income. Consumption is a prime idea in economics and is likewise studied in lots of different social sciences.

Different colleges of economists outline intake differently. According to mainstream economists, handiest the very last buy of newly produced items and services with the aid of using people for instant use constitutes intake, at the same time as different styles of expenditure — in particular, constant investment, intermediate intake, and authorities spending — are located in separate categories (see customer choice). Other economists outline intake lots extra broadly because the mixture of all monetary pastime that doesn't entail the design, manufacturing, and marketing of items and services (e.g. the selection, adoption, use, disposal, and recycling of products and services).

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the dividend yield on alpha's common stock is 5.2 percent. the company just paid a $2.10 dividend. the rumour is that the dividend will be $2.30 next year. the dividend growth rate is expected to remain constant at the current level. what is the required rate of return on alpha's stock?

Answers

The rate of return on alpha's stock is 14.72%.

The required rate of return on Alpha's stock can be calculated using the dividend discount model (DDM) formula: Required rate of return = Dividend yield + Dividend growth rate.

Given that the dividend yield is 5.2%, we can plug it into the formula. The dividend just paid was $2.10, and the rumor is that the next dividend will be $2.30, so the dividend growth rate can be calculated as (2.30 - 2.10) / 2.10 = 0.0952 or 9.52%.

Therefore, the required rate of return on Alpha's stock is 5.2% + 9.52% = 14.72%.

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Emily’s list is a national pac that is funded by women and focuses on raising money for women candidates at which part of the campaign cycle?

Answers

the early part of the campaign cycle is the part that the Emily's ;list is used to funded by women and focuses on raising money for women candidates.

What is meant by the campaign cycle?

This is the term that is used to refer to the period that is known to be before the election of candidates in a  government. This is the period where the awareness is raised for the person that is to be elected into a representative role.

The Emily list has to do with the people that are in support of the legalization of abortion in the United States of America, These are the democrats that are in favor of it.

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The proteins that exert the greatest colloid osmotic pressure to maintain blood volume and blood pressure are called.

Answers

The proteins that exert the greatest colloid osmotic pressure to maintain blood volume and pressure are called: Serum Albumin.

What is Serum Albumin?

Serum Albumin is a form of protein that is located in blood plasma. It makes up about 55% of the proteins in blood plasma.

Serum albumin also exerts the greatest colloid osmotic pressure that amounts to 22 mm Hg. This figure is followed by the globulins that account for pressure of just 6 mm Hg.

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1
Select the correct answer.
Which risk is a sponsor assuming when buying the naming rights to a stadium or arena?
OA.
Nobody will notice.
OB. The team may not perform well:
OC. The fans of the team may not like the idea.
OD.
People will dismiss the action as pretentious.
Reset
Next

Answers

Answer:

The team may not perform well:

Explanation:

The biggest risk with naming rights is negative news concerning the team. The sponsor's brand name will be associated with the team; any negative team news will impact the brand name.

If a team performs poorly, some customers may associate the team's dismal performance with the brand name. Customers may shy away from the sponsor's products as they distance themselves from dismal performances.

Answer:B

Explanation:i just took the test...

In a closed economy government spending was $30 billion, consumption was $70 billion, net taxes were $20 billion, and GDP was $110 billion this year. Investment spending was $10 billion. As a result:
a. private savings were equal to $10 billion.
b. the government's budget balance was equal to a surplus of $10 billion.
c. net savings were equal to $0.
d. national savings equals $10 billion.

Answers

In a closed economy, national savings equals $10 billion.

What is the level of national savings in a closed economy?

closed economy, national savings refers to the portion of income that is not consumed or spent by households or the government and is available for investment. Given the information provided, government spending is $30 billion, consumption is $70 billion, and net taxes are $20 billion. To calculate national savings, we subtract consumption and government spending from GDP,

which is $110 billion in this case. Therefore, national savings amount to $10 billion. This means that $10 billion is available for investment or future use within the economy. National savings plays a crucial role in financing investment and contributing to economic graphic.

National savings plays a vital role in an economy as it represents the accumulation of funds available for investment. It provides the necessary resources for financing capital projects, such as infrastructure development, research and development, and expansion of businesses. Higher levels of national savings contribute to increased investment, leading to enhanced productivity, job creation, and economic growth. On the other hand, low levels of national savings can limit investment opportunities and hinder long-term economic development. Governments often implement policies to encourage savings and investment to stimulate economic activity and foster prosperity.

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what is the primary problem in the northeast region? select an option from the choices below and click submit. the many repetitive complaints from the field suggest that you have store managers who just aren't up to the job. you must plan on hiring a stronger management team. the store managers are not receiving clear, consistent direction. communication with the store managers is too slow. they need quick responses to their questions.

Answers

X - too little time is spent communicating with store managers. Hey require prompt responses to their inquiries.

X - the numerous, recurrent complaints from the field suggest that your store managers are incapable of performing their duties. You must prepare to hire a more powerful management team.

How will the team be able to communicate its findings with your formal network?

You will receive the team's final report, which you will then share with your leads, who in turn will share it with each store manager to ensure that all questions are answered, and that communication is accurate.

When a rival across town abruptly shut down?

Janie's Gun Gallery saw a significant increase in patrons when a competitor across town abruptly closed. Janie motivated her staff to work harder to satisfy each customer's needs.

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"In their 2010 study, Fama and French used a four-factor model to analyze excess returns on equity mutual funds. They found that the funds ______.O has a negative alpha after cost is consideredO has a positive alpha after cost is consideredO have costs to considerO has positive and negative alpha after cost is considered

Answers

In their 2010 study, Fama and French used a four-factor model to analyze excess returns on equity mutual funds. They found that the funds have a negative alpha after cost is considered.

In their 2010 study, Fama and French used a four-factor model that took a market risk, size, value, and momentum into account when analysing the excess returns of equities mutual funds. After accounting for costs, they discovered that, on average, the funds had a negative alpha. Given the degree of risk they took, this suggests that the funds underperformed in comparison to their predicted returns.

The results of the study are important because they imply that actively managed mutual funds, which typically have higher fees, may not outperform their benchmarks once these fees are taken into account.

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If you want to accumulate $100 in 10 years what would you have to invest today if the interest rate is 10%?
a.$38.55
b.$61.39
c. $62.09

Answers

The amount of money you would need to invest to accumulate $100 in 10 years if the interest rate is 10% is $38.55The formula to calculate the present value of an annuity is:P = R (1 - (1 + i)-n) / where :P = present value of the annuity = payment amount = interest rate = a number of paymentsUsing this formula, we can calculate the amount that needs to be invested today to accumulate $100 in 10 years at an interest rate of 10%.We can assume that this is an annuity due, with one payment per year. The payment amount is not known, so we'll use P for that as well.P = 100 (1 - (1 + 0.1)-10) / 0.1P = $385.54This is the present value of the annuity that will accumulate to $100 in 10 years. But we need to find out how much we need to invest today, so we need to discount this back to the present value.PV = FV / (1 + i)nPV = $385.54 / (1 + 0.1)10PV = $38.55Therefore, the amount of money you would need to invest today to accumulate $100 in 10 years if the interest rate is 10% is $38.55.

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World around tea & coffee company changed its glass bottles to streamlined, thermos-like, unbreakable sports bottles that fit nicely on bicycles and in car holders. A packaging innovation such as this could actually be perceived by the buyer as a.

Answers

A packaging innovation such as this could actually be perceived by the buyer as a New product innovation.

What is product innovation?

A new product or service that has been significantly improved in terms of its features or intended applications is referred to as a product innovation.

Making something that addresses an issue in a product and intriguing manner is considered product innovation in new products. Product innovation refers to the addition of better or more functionality to already existing items.

"The development and market release of a new, revised, or significantly improved good or service" is the definition of "product innovation." It's not just about creating something new and unique; it's also about improving on what currently exists.

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The economy has an annual inflation rate of 3. 5 percent. It will take approximately how many years for the price level to double?.

Answers

Answer:

the answer is 20 years

older people tend to have ______ wealth than younger people and ______ incomes compared to other adults in the u.s.

Answers

Older people tend to have higher wealth than younger people and lower incomes compared to other adults in the U.S.

The main reason older people tend to have higher wealth is due to their accumulated savings and investments over time. As they approach retirement age, they have more time to build wealth through assets such as real estate, retirement accounts, and investments.

On the other hand, older people tend to have lower incomes compared to other adults because many of them are retired or working part-time. They may rely on fixed incomes from pensions, Social Security, or withdrawals from their retirement savings, which are typically lower than the incomes earned from full-time employment.

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How many inches are in 5.5 miles? 4) If used as a source for a research paper, this passage would beconsideredA) a biography.B) a primary source.EliminateC) statistical data.D)a secondary source. a sample of dna contains 20% adenine. what percentage of guanine does it contain? Paula Pidcoe is doing her budget. She discovers that the average miscellaneous expense is $65.00 with a standard deviation of $18.00. What percent of her expenses in this category would she expect to fall between $54.20 and $86.60?The z for $54.20 = -The percent of area associated with $54.20 =%The z for $86.60 =The percent of area associated with $86.60 =%Adding the two together, the percent of his expenses between $54.20 and $86.60 is % Everyone has God given rights that cannot be taken away Given AE = EC, for what value of x is quadrilateral ABCD a parallelogram? In what way are the glycoproteins on SARS-CoV involved in its ability to infect humans? A. The glycoproteins help the virus move around the human respiratory tract so it can damage the lungs. B. The glycoproteins help the virus travel in the air so it can spread among humans. C. The glycoproteins interact with receptors on a human cell so the virus can enter the cell. D.The glycoproteins interact with a human cell's DNA replication machinery so the virus can replicate. Is a person who is considered a risk to themselves or others eligible for ADA protection? Can someone help me plz? mario owns a store that sells skateboard equipment. mario understands that people are most likely to notice his headline text in a text ad. choosing a purple green black or silver bike having 10, 18, 21 or 24 speeds what fraction replaces these ? to make this calculation correct 5/8 + ? = 1 What Is the value of x? mothers must avoid it , mustn't ? An automobile loan amounting to 750,000 is to be paid by 60 equal monthly installments of P20,290. The first payment is due one month from now. Determine the nominal interest rate compounded monthly being charged by the financing company who approved the loan. what are two of the most notable words that toddlers between 18 and 24 months learn and use? Heyy, If anyone can find the answer to this question, Ill literally be in your DEBT please show work for thisSolve the following problem. PV=$23.230, n=106, i=0.01, PMT=?, PMT = (Round to two decimal places.) What is the annual tax payment for an employee at the 40% tax rate who does not make a financial contribution towards an executive car? This topic has been central to the public economic debate for the 25 last several years. In effect, this is about the decline of the middle class and the significant growth and wealth concentration of the top 1% income earners in the United States; why this has happened, who is winning and who is losing, and what do we do about it. Again, this is a topic that the candidates for president should be talking about because these are real issues that face each of us. Yet, there are very different ways to address these issues-assuming you think it is an issue. President Obama's approach has been to create jobs by growing manufacturing, alternative energy, traditional energy, and infrastructure; reducing healthcare costs; increasing the minimum wage, supporting expanded education at the pre-school level, K to 12, and higher education (e.g., free community college tuition, increasing federal loan money) be it for two or four year schools; maintaining and strengthening social security, and negotiating fairer trade agreements to create more markets for U.S. products and services, and thus, more domestic jobs. Your final mission is:- Is there an income inequality problem in the United States?-What, in your view, has caused this to happen?-Should the government be involved in addressing this problem?-How can the government address this and will it incur undue influence in our free market system?- If you didn't like the approach that President Obama undertook (i.e., expanding trade, focusing on education (especially two- year and four-year), increasing the minimum wage, and reducing health costs), and given the Trump Administration has not addressed this issue at all, what do you recommend and why?