Sarah buys little stuffed animals for $5 each. They come in different varieties. If the producer stops making (retires) a certain variety, a stuffed animal of that variety will be worth $100; otherwise it is worth $0. There is 50% chance that any variety will be retired. When Sarah buys her next stuffed animal, the expected profit is

What steps did the Federal government take to stimulate the American economy when the recession of 2008-09 hit?

A. It raised both taxes and spending. B. It raised taxes and cut spending. C. It cut both taxes and spending. D. It cut taxes and raised spending.

The primary reason for the recent reduction in the number of banks is

A) bank failures. B) re-regulation of banking. C) restrictions on interstate branching. D) bank consolidation.