Answer:
-$0.26
Step-by-step explanation:
Calculation to determine the expected value of playing the game once
Expected value= [18/(18+18+2) x $5)]- [20/(18+18+2) x $5]
Expected value= ($18/38 x $5) - (20/38 x $5)
Expected value= ($2.37-$2.63)
Expected value= -$0.26
Therefore the expected value of playing the game once is -$0.26
Answer:
5 percent.
Step-by-step explanation:
Divide tax by the cost to see the percentage of the tax.
750/37.50=0.05
5 percent.
95% is larger because 0.9 is like 90% and 95% is more than 90%
If the federal reserve sells $40,000 in treasury bonds to a bank with 5% interest the immediate effect on the money supply is an decrease of $40,000.
