Use the Following Table to Answer the Question

question 4

Multiple Choice

Use the following table to answer the question. A random sample of college students was asked to respond to a survey about how they spend their free time on weekends. One question, summarized in the table below, asked each respondent to choose the one activity that they are most likely to participate in on a Saturday morning. The activity choices were homework, housework, outside employment, recreation, or other.

-If one student is randomly chosen from the group, what is the probability that the student is male?

• A)0.52
• B)0.48
• C)0.50
• D)None of these

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Definitions:

Money Demand Curve

A graphical representation showing the relationship between the quantity of money people want to hold and the interest rate, at a given point in time.

Real GDP

Real GDP, or Real Gross Domestic Product, measures an economy's total output adjusted for inflation, providing a more accurate picture of an economy's size and growth.

Interest Rate

Interest rate is the percentage charged or paid for the use of money, typically expressed as an annual percentage of the principal.

Real GDP

Real GDP, or real gross domestic product, measures a country's total economic output, adjusted for price changes or inflation.