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A section of an exam contains two multiple-choice questions, each with three answer choices (listed "A", "B", and "C") . Assuming the outcomes to be equally likely, find the probability (as a reduced Fraction) that both answers are the same ("AA", "BB" or "CC") . [Hint: List all the outcomes of the
Sample space first.]
Market Economy
An economic system where supply and demand determine the prices of goods and services, with minimal government intervention.
Provision
The act of supplying or making available goods, services, or resources to meet a need or demand.
Labor Union
An organization formed by workers in the same trade or industry to negotiate collectively with their employers over wages, hours, benefits, and working conditions.
Employment Discrimination
Unfair treatment of employees or job applicants based on race, gender, age, religion, or other personal characteristics rather than job performance or qualifications.
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