If a and B Are Mutually Exclusive Events, with P(A) $\cup$

question 18

Short Answer

If A and B are mutually exclusive events, with P(A) = 0.30 and P(B) = 0.40, then P(A $\cup$ B) is: $\begin{array}{|l|l|}\hline \text { A. } & 0.10 \\\hline \text { B. } & 0.12 . \\\hline \text { C. } & 0.70\\\hline D.&\text { None of these choices are correct. }\\\hline \end{array}$

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Definitions:

Social Security Taxes

Social Security taxes are taxes collected to fund the Social Security program, which provides retirement, disability, and survivorship benefits to eligible Americans.

Income

Money received, typically on a regular basis, for work or through investments.

Tax-Exempt

Refers to entities or financial instruments that are not subject to tax by governmental authorities.

GDP

Gross Domestic Product, or GDP, is the sum of all goods and services produced inside a nation's boundaries during a certain time frame, serving as a comprehensive indicator of economic performance.