Suppose a lottery ticket costs $1and has a jackpot of $1,000 . What must the probability of winning nothing be if the bet is fair?

In an apolitical world with a constant tax rate and program characteristics, the rate of return on Social Security contributions is equal to the growth in national income

a. True b. False

Which of the following mathematical statements is correct

a. Total Output=Productivity x Average Hours x the employment-population ratio x Population b. Total Output=Productivity / Average Hours x the employment-population ratio / Population c. Total Output=Productivity + Average Hours + the employment-population ratio + Population d. Total Output=(Productivity x Average Hours) / (the employment-population ratio x Population) e. Total Output=Productivity x Average Hours x the employment-population ratio