Refer to the table below. What is the probability of selling 22 or more cakes?
The above table shows the probability distribution of cake sales at Busy Betty's Bakery.
A) 0.10
B) 0.20
C) 0.60
D) 0.40
C) 0.60
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When a group of workers finds that their job skills and work experience have become obsolete and are not needed by industry, this type of unemployment is:
a. Search b. Structural c. Frictional d. Cyclical
Checkable deposit account balances are
A. considered credit, but not money. B. part of M2 but not part of M1. C. only a small component of the money supply. D. counted in the calculation of the money supply.
As countries that currently use the euro, what are the two ways that Spain and Greece could reduce the prices of their exports and of their domestic goods to remain competitive with their trading partners?
What will be an ideal response?
In response to the financial crisis that began in 2007, the government began to bail out banks deemed "too big to fail." Critics of this action argued that this would create the prospect of future bailouts and encourage banks to be fiscally irresponsible
in the future. This illustrates: A. the adverse selection problem. B. the moral hazard problem. C. the principal-agent problem. D. logrolling.