What Is the Probability of Drawing Either an Ace or a King

question 7

Multiple Choice

What is the probability of drawing either an ace or a king from a poker deck (no jokers) on a single draw?

• A) 1/52
• B) 1/26
• C) 1/13
• D) 2/13
• E) 1/4

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Definitions:

Fiscal Policy

Policies established by the government regarding taxes and expenditures designed to affect the economic environment.

Budget Deficit

The financial situation where a government's expenditures exceed its revenues, leading to borrowing or depletion of reserves.

National Debt

The overall monetary liabilities that a country's government has incurred by borrowing from diverse sources.

Budget Deficit

The financial situation where a government's expenditures exceed its revenues within a specific period.