The probability of A, given B, must be at least as large as the probability of the intersection of A and B

The symptoms of culture shock usually stem from

a. an intense dislike for foreign cultures. b. an electrifying experience in another country. c. being abruptly placed in a foreign culture. d. being forced to learn a foreign language quickly.

Suppose interest rates have been at historically low levels the past two years. A reasonable strategy

for bond investors during this time period would be to A) invest in long-term bonds to lock in a bond position for when interest rates increase in the future. B) invest in short-term bonds to reduce interest rate risk. C) buy only junk bonds which have higher interest rates. D) invest in long-term bonds to reduce interest rate risk.