Use the Following to Answer Questions

question 16

Short Answer

Use the following to answer questions :
The following table lists the monthly incomes (in hundreds of dollars)and the monthly rents paid (in hundreds of dollars)by a sample of six families.

-The values of and ,rounded to three decimal places,are:

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Definitions:

Resource Market

A market where resources (such as labor, capital, and raw materials) required for the production of goods and services are bought and sold.

Bond Market

A financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market, including government bonds, corporate bonds, and other types of debt instruments.

Exchange Rate

The price at which one currency can be exchanged for another, influencing international trade and investment.

Dollar Price

The dollar price indicates the amount of U.S. currency required to purchase a good, service, or asset.