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In some developing countries and in some former Communist countries, people exchange their domestic currencies for foreign currencies such as the dollar in black markets. Why would this practice go on?
Tax Proposal
A plan or suggestion, typically made by a governing body, to impose or alter taxes.
Multinomial Probability
The probability of achieving a given set of outcomes in a multinomial experiment, where each outcome is based on discrete, mutually exclusive categories.
Categorical Outcomes
Results or responses that can be classified into mutually exclusive categories but not ordered.
Trial
An individual instance or attempt within an experiment or study to observe outcomes or reactions under a particular set of conditions.
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