The Following Is a Sample of 19 November Utility Bills

question 59

Multiple Choice

The following is a sample of 19 November utility bills (in dollars) from a neighborhood.What is the largest billin the sample that would not be considered an outlier?52, 62, 66, 68, 72, 74, 76, 76, 76, 78, 78, 82, 84, 84, 86, 88, 92, 96, 110

• A) $96
• B) $95
• C) $88
• D) $86

Understand the historic roles played by the U.S. government in reducing unemployment.

Comprehend how the Federal Reserve Board influences the U.S. economy and how its influence compares to that of the president.

Analyze the causes and consequences of the federal budget deficit, along with potential measures for its reduction.

Differentiate between monetary policy and economic policy, including their objectives and mechanisms.

---

Definitions:

Interest Earned

Interest Earned is the amount of interest received over a period on deposits or investments.

Invested Amount

The sum of money placed into an investment vehicle with the expectation of generating a return.

Payment Extension

A prolongation of the period over which a debt or loan is to be repaid.

Later Date Payment

A payment that is scheduled to be made after the usual due date.