A Survey of Automobiles Parked in Student and Staff Lots $\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Driver }\\$

question 31

Multiple Choice

A survey of automobiles parked in student and staff lots at a large university classified the brands by region of origin,as seen in the table. $\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Driver }\\$
$\begin{array}{c} Origin &\begin{array}{|l|cc|} \hline& \text { Student } & \text { Staff } \\\hline \text { North American } & 91 & 90 \\\text { European } & 31 & 16 \\\text { Asian } & 68 & 54 \\\hline\end{array}\end{array}$ What is the marginal distribution of origin?

• A)52% North American,13% European,35% Asian
• B)56% North American,10% European,34% Asian
• C)54% Students,46% Staff
• D)107% North American,16% European,54% Asian
• E)48% North American,16% European,36% Asian

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Definitions:

Loanable Funds

The money available for borrowing in the financial market.

Equilibrium Rate

The price or point at which the quantity of a good or service supplied matches the quantity demanded.

Loanable Funds

The market where savers supply funds for loans to borrowers, often influenced by interest rates.

National Saving

The total amount of savings generated within a country, including both private savings by households and public savings by the government.