The Manager of Ardmore Pharmacy Knows That 25 Percent of the Customers

question 36

Multiple Choice

The manager of Ardmore Pharmacy knows that 25 percent of the customers entering the store buy prescription drugs, 65 percent buy over-the-counter drugs, and 18 percent buy both types of drugs. What is the probability that a randomly selected customer will buy at least one of these two types of drugs?

• A).90
• B).85
• C).72
• D).65

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Definitions:

Money Growth

An increase in the amount of money in circulation or in the overall money supply within an economy.

Real Interest Rate

The interest rate that has been adjusted for inflation, reflecting the true cost of borrowing or real yield on investment.

Inflation Rate

How quickly the average cost of goods and services goes up, resulting in a drop in the ability to purchase.

Nominal Interest Rate

The interest rate before adjustments for inflation, representing the face value of interest payments on loans or investments.