In Indiana, if a buyer's equity in the property at the time he/she defaults is _____________, the seller must institute formal foreclosure procedures and must compensate the buyer for accumulated equity before repossessing the property.

If we consider the simple random sampling process as an experiment, the sample mean is

a. always zero b. always smaller than the population mean c. a random variable d. exactly equal to the population mean

Which of the following is excluded from an individual's cash budget?

a. wages and salary b. retirement account c. social security tax payments d. alimony