Determine Whether the Set Is Well Defined or Not Well

question 86

Multiple Choice

Determine whether the set is well defined or not well defined.
-The set of professional basketball players over the age of 38

• A) not well defined
• B) well defined

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Definitions:

Congress

The national legislative body of a country, particularly in the United States, consisting of two houses: the Senate and the House of Representatives.

Federal Funds Rate

The interest rate at which depository institutions lend reserve balances to other depository institutions overnight, on an uncollateralized basis.

Short-Term Loans

Loans that are scheduled to be repaid in less than a year.

Reserves

Funds or commodities set aside for future use or to meet unforeseen contingencies, often related to banks or natural resources.