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Sara's Parents Are Divorced

question 7

Multiple Choice

Sara's parents are divorced. Sara lives with her mother for 2 weeks per month and her father for 2 weeks per month. Sara's parents have a ______ custody arrangement.


Definitions:

Interest Rate

The percentage of a loan charged to the borrower as interest, usually shown as an annual rate of the outstanding loan amount.

Utility Function

A mathematical representation in economics of a consumer's preference ordering over a set of goods and services.

Consumption

The process by which goods and services are used up or consumed by individuals or groups.

Income

The monetary payment received for labor, services, or investment, constituting the financial resource individuals, businesses, or governments use for spending and saving.

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