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Issues in Economics Today
Issues in Economics Today
Robert Guell, Indiana State University

Children

Web-Based Issues Questions

Question 31.1

Click on this article

http://www.childstats.gov/ac2000/econtxt.asp

Consider the array of economic statistics facing children as they are reported here. What problems do you consider the most important? Which measures of economic security are most heartening and which are the most disheartening and why?

http://www.childstats.gov/ac2000/hlthtxt.asp

Consider the array of health statistics facing children as they are reported here. What problems do you consider the most important? Which measures of health security are most heartening and which are the most disheartening and why?

Question 31.2

Click on this site

http://www.fpctools.com/pvcalc.htm

Use this financial calculator to find out how much you would have to save per year in order to pay for a child’s college education. Assume that you will have a child next year and that they will go to the school you currently attend. Suppose your college’s tuition will grow 5% per year over the next 19 years which means you need to multiply your current school’s tuition by 2.53 (1.0519). Assume an 8% rate of return on your investments.





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