You draw colored balls out of a bag. You draw a red ball 30% of the time and a blue ball 70% of the time. For each draw, the blue outcome and the red outcome are

A) mutually exclusive.
B) exhaustive.
C) Both A and B.
D) None of the above.

C

Economics

You might also like to view...

________ economic growth occurs when, after growth, exports and imports rise by the same proportion

A) Rising B) Neutral C) Biased D) Technological

Economics

When an economy grows out of a recession, normally the demand for bonds ________ and the supply of bonds ________, everything else held constant

A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; increases

Economics