A Sharp Increase in the Divorce Rate Increases the Number

question 73

Multiple Choice

A sharp increase in the divorce rate increases the number of lawyers hired to determine divorce settlements.This will

• A)increase GDP and increase well-being in the economy.
• B)increase GDP and decrease well-being in the economy.
• C)decrease GDP and increase well-being in the economy.
• D)decrease GDP and decrease well-being in the economy.

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Definitions:

Poisson Distribution

A probability theory used to predict the likelihood of various events happening over a specified period, assuming the events are rare and independent.