Refer to the scenario above. If the individual places his bet on four pockets, his likelihood of winning is:

A) 1%.
B) 4%.
C) 8%.
D) 10%.

C

Economics

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The common term for a severe recession is a

A) bottoming out. B) economic adjustment. C) depression. D) downturn.

Economics

An economic slowdown in Europe is likely to lead to a(n):

a. decrease in U.S. exports and U.S. aggregate demand. b. increase in U.S. exports and U.S. aggregate demand. c. decrease in U.S. imports and U.S. aggregate demand. d. increase in U.S. imports and U.S. aggregate demand.

Economics