Lauren noticed that in the last 60 games, her hometown minor league baseball team won 40 times. Lauren estimate the probability of losing the game to be

When exchange rates are__ , agreeing to wait for one week from today to engage in an international transaction carries __

a. flexible rather than fixed; less risk b. flexible rather than fixed; the same amount of risk c. flexible rather than fixed; more risk d. fixed rather than flexible; the same amount of risk

How do your authors explain the vast differences between the growth rates of the United States and India?

A) The tremendous degree of central planning in the United States B) Exploitation of the poorer nation by the richer nation C) The problems of central planning in India D) The lack of central planning in India E) The strength of the union movement in the United States