In its 2012Long-Term Budget Outlook, the Congressional Budget Office (CBO) reported “During the next decade alone, the number of people over the age of 65 is expected to rise by more than a third. Over the longer term, the share of people age 65 or older is projected to grow from about 13 percent now to 20 percent in 2035”. In its more recentBudget and Economic Outlook: 2014 to 2024, the CBO reported “Beyond 2017, CBO expects that economic growth will diminish to a pace that is well below the average seen over the past several decades. That projected slowdown mainly reflects long-term trends—particularly, slower growth in the labor force because of the aging of the population.” In addition, “Federal outlays are expected to increase by 2.6 percent this year, to $3.5 trillion, or 20.5 percent of GDP—their average percentage over the past 40 years. CBO projects that under current law, outlays will grow faster than the economy during the next decade and will equal 22.4 percent of GDP in 2024.” Briefly explain the implications of these facts for federal government spending as a percentage of GDP in 2035.

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In its Fuel Economy Guide for 2016 models, the Environmental Protection Agency gives data on 1170 vehicles. If we ignore the vehicles identified as outliers, the combined city and highway gas mileage of the other 1146 vehicles is approximately normal with mean 23.0 miles per gallon and standard deviation 4.9mpg. The 2016 Volkswagen Beetle with a four-cylinder 1.8-L engine and automatic transmission has combined gas mileage of 28mpg. Find the percentage of 2016 vehicles that have better gas milage than the Beetle’s gas mileage.

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 In its trading book, a U.S. bank holds (a) three equal-weighted industry portfolios, each portfolio worth $10 million and each comprised of twenty large cap stocks selected from local utilities, industrials, and basic materials sectors, and (b) three zero-coupon U.S. Treasury bonds, each on a $20 million face value, with remaining times to maturity of five, ten, and fourteen years. The Treasury yield curve is flat at 5% per year (EAR) for all horizons. Compute the minimum capital charge for equity and interest rate risk. 

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In James Baldwin’s letter to his nephew, “My Dungeon Shook” from The Fire Next Time, he identifies how race and class have significantly impacted the African American community. He writes of the Psychological destruction of his community and the segregated ghetto wasteland that they occupy, Baldwin voices the many horrors racism and despair, yet also writes of hope for the next generation. Baldwin’s brutal honesty offers us a look into what it meant to be an African American man in 1936.

For your first academic college essay, please write a well-structured, college appropriate essay of a minimum of 3-5 pages that identifies how your race/ethnicity/culture has shaped, impacted, and/or influenced you personal identity and/or your community’s. How is the difference and/or similar to Baldwin’s experience in america as an American man growing up during segregation? Since this essay is about you, using personal pronouns such as “I” is allowed. Please integrate a minimum of two quotes from “My Dungeon Shook” into your essay. Remember this is a compare and contrast essay, so you must integrate Baldwin’s experience into your conversation regarding your own experience.

Questions to Ponder:

What type of gains and/or limitations have you experienced or faces due to your ethnicity/culture? How is this different or similar to that of James Baldwin?

What type of perspective, like James Baldwin, do you have regarding your own reality an prospects for being in the world?

Is your community impacted positively and/or negatively due to race/culture issues.

About Me:

19 year old college student

live in Vallejo california 

mixed race (black and filipino)

confused of mexican or native american

experience being judged of what people thought i was

when seen african american dad people were surprised

constantly judged with my skin color

not only judged by non people of color but also people of color because my skin and texture of my hair

community is impacted negatively with race due to healthcare housing an finances

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