John Has Six Bills of Paper Money in the Following

question 32

Multiple Choice

John has six bills of paper money in the following denominations: $1, $5, $10, $20, $50, and $100 If he selects 3bills at a time what is the probability of selecting a group that has an average value of equal to or less than $25?

• A) 0.45
• B) 0.86
• C) 0.50
• D) 0.35

Grasp the implications of discretionary fiscal policy on the economy.

Understand how deficits resulting from discretionary fiscal policies affect interest rates and the sale of government securities.

Identify the political and economic challenges in managing federal budget deficits.

Gain insight into the historical trends of U.S. government spending, revenue, and debt.

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