Refer to the scenario above. What is the probability of picking a green ball from the box?

A) 12.83%
B) 16.67%
C) 24.75%
D) 32.35%

B

Economics

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According to the Keynesian model, the short-run aggregate supply (SRAS) curve is horizontal when

A) prices react to an aggregate demand shock but real Gross Domestic Product (GDP) does not. B) there are no unemployed resources and wages do not change when prices change. C) there are unemployed resources and prices do not fall when aggregate demand falls. D) real Gross Domestic Product (GDP) is at full capacity but prices are not flexible.

Economics

The government borrows money to cover budget deficits by

A) purchasing bonds. B) petitioning the International Monetary Fund. C) selling bonds. D) filling out a loan application at Citibank.

Economics