THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 107

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The probability that interest rates on housing loans will go up in the next 6 months is estimated to be 0.20.The probability that house sales will decrease is estimated to be 0.6.The probability that interest rates will go up and house sales will decrease is estimated to be 0.15.
-The probability of not an increase in interest rates and not a decrease in house sales is:

• A)0.50
• B)0.35
• C)0.20
• D)0.05

---

Definitions:

Moral Hazard

An instance where an individual or group is inclined to partake in high-risk activities, reassured by the fact that any resultant costs will be absorbed by a different party.

Monitoring Solution

A system or tool used to continuously check and report on the performance or status of a process, network, or system.

Social Network Sites

Online platforms that allow users to create personal profiles, interact with friends and family, and share content and experiences.

Viable Projects

Projects that are capable of succeeding or surviving, especially in terms of profitability or development.