Which of the Following Is True

question 61

Multiple Choice

Which of the following is true?

• A)As confidence grows, spending units rely less on borrowed funds and reduce their debt-to-income ratios.
• B)The mixture of hedge, speculative, and Ponzi spending units determines the overall health of the economy.
• C)National wealth includes financial liabilities.
• D)Speculative spending units are more at risk than Ponzi spending units.

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Definitions:

Simple Events

Events that cannot be broken down into smaller parts and have a single outcome.

Simple Events

Events that cannot be broken down into simpler components within the context of probability.

Events

An occurrence or happening, especially one significant in terms of a statistical analysis or probability calculation.

Event

An occurrence or outcome that is of interest in probability and statistics, which can be quantified and analyzed.