Author Question: The size of the underground economy would tend to increase if the government of a country A) ... (Read 209 times)

jrubin

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The size of the underground economy would tend to increase if the government of a country
 
  A) increased income tax rates.
  B) decreased government regulations on businesses.
  C) legalized prostitution.
  D) legalized marijuana.

Question 2

What is a fair game or fair bet?
 
  What will be an ideal response?



bhavsar

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Answer to Question 1

A

Answer to Question 2

A fair game or fair bet is one whose expected value is equal to zero.



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