Sports announcers often refer to a batter in a hitting slump as "being due." If they are correct, then it must be the case that
A) a batter's hits are randomly distributed.
B) a batter's at-bats are related to each other.
C) a batter's at-bats are independent of each other.
D) baseball players are acting irrationally.
B
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Adopting a common currency implies all of the following, EXCEPT that:
A) each region will lose its monetary autonomy. B) a common interest rate will be set. C) each region will retain its monetary authority. D) a common monetary policy will be set by the central bank.
Research confirms that government provision of infrastructure:
A. promotes economic growth. B. leads to reduced spending on research and development. C. increases human capital. D. hinders economic growth.
Consumption is a flow measure.
Answer the following statement true (T) or false (F)
An increase in demand is an increase in the quantity people are willing and able to purchase at ________.
Fill in the blank(s) with the appropriate word(s).