Examlex
The shape of the famous Gateway to the West arch in Saint Louis can be modeled by a parabola. The equation for this parabola is:
where x and y are in feet. Approximately how far do you have to walk to get from one side of the arch to the other?
Paper Loss
indicates a loss that has occurred on paper due to a decrease in the market value of an investment, but has not yet been realized through a sale.
Stock Markets
Markets where shares of publicly held companies are issued and traded, serving as a platform for buying and selling stocks.
Milton Friedman
An influential American economist known for his strong belief in free-market capitalism and for challenging Keynesian economics.
Lottery
A form of gambling that involves drawing numbers at random for a prize, often run by states or organizations as a way to raise funds.
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