There Are Approximately ________ Million Students Enrolled in High School

question 84

Multiple Choice

There are approximately ________ million students enrolled in high school, and another ________ million students enrolled in U.S. colleges and universities today.

• A) 15; 13
• B) 18; 25
• C) 60; 40
• D) 62; 60

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Definitions:

Competitive Economy

An economic system where businesses operate in a free market, competing for consumers on price, quality, and service.

Barriers to Entry

Factors that prevent or hinder new competitors from easily entering an industry or market, such as high startup costs, strict regulations, or control of key resources.

National Income

The total value of all goods and services produced by a country over a specific period, usually measured annually.

Wages and Salaries

The financial compensation received by employees for their labor, typically determined on an hourly, daily, or contractual basis.