Answer:
Ponzi scheme
Explanation:
Ponzi scheme is a fraud investment strategy that promises to pay a substantial sum of returns. In a Ponzi scheme, generate income for the old investor by using the money of the newest investor and this chain goes on. This is basically a fraudulent scam or investment strategy to get a significant amount of money. Ponzi scheme is similar to pyramid strategy both are based on using new investor’s fund.
When a company buys something on credit it increases account payable, and when a company sells on credit it will increase their account receivable.
Those are supply curves and demand curves. Supply curves have to meet the production requirements, while demand curves have to meet the consumer's willingness to pay.
<em>Question Continuation</em>
<em>The probability that a respondent read a book in the last month and is at least 30 years old is the closest to
</em>
<em>
A. 0.33
</em>
<em>
B. 0.88
</em>
<em>
C. 0.46
</em>
<em>
D. 0.12
</em>
<em>See Attachment for complete question
</em>
Answer:
A. 0.33
Explanation:
To solve this question, we need the intersecting cell of Yes and 30+

The probability is then calculated as follows:

Where Total = 200


From the list of given options; (A) is the closest to 0.325
Hence:
<em>Option A answers the question</em>