The Bounding Rule of Probabilities State That ______

question 6

Multiple Choice

The bounding rule of probabilities state that ______.

• A) probabilities can be less than zero
• B) probabilities can be greater than one
• C) probabilities can be both less than zero and greater than one
• D) probabilities can never be less than zero and greater than one

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Definitions:

Personal Responsibility

The idea that individuals are responsible for their own actions and decisions, and must accept the consequences that come with them.

Work Opportunity Act

Legislation aimed at increasing job opportunities and ensuring workforce development by providing funding and support for employment training and education programs.

Laffer Curve

An economic theory proposing there exists a tax rate at which government revenue is maximized, suggesting that both higher and lower tax rates can lead to decreased revenue.

Fiscal Policy

The use of government spending and tax policies to influence economic conditions, including economic growth, inflation, and unemployment.