The Probability of a College Student Being Employed Is P

question 72

Multiple Choice

The probability of a college student being employed is p = .35.The probability of a student being employed and dropping out of college is p = .20.Hence,the probability of a student dropping out of college,given that he or she is employed,is ______.

• A) p = .07
• B) p = .57
• C) p = .55
• D) There is not enough information to answer this question.

Explain the benefits principle of taxation and its application.

Understand the historical trends in government revenue as a percentage of GDP in the U.S.

Identify and explain the largest categories of expenditures for state and local governments.

Analyze the impact of taxes on market activities and calculate the deadweight loss resulting from taxation.

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Definitions:

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