Affirmative Action Commitments by Many Organizations Have Led to an Increase

question 18

Multiple Choice

Affirmative action commitments by many organizations have led to an increase in the number of women in executive positions. Satellite Office Systems has vacancies for two executives that it will fill from among four women and six men. What is the probability that no woman is selected?

• A)1/5
• B)1/3
• C)2/15
• D)8/15

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Definitions:

Money Supply

The total amount of money available in an economy at a particular point in time, including cash, bank deposits, and other liquid assets.

Interest Rate

The percentage of a sum of money charged for its use, usually expressed on an annual basis.

Money Supply

The combined total of all money in an economy, encompassing cash, coins, and the balances maintained in checking and savings accounts, at a certain moment.

Demand for Money

The desire or need for holding money rather than investing or spending it, influenced by factors such as interest rates, inflation, and economic stability.