The Most Significant Predictor of Whether a Student Will Attend

question 54

Multiple Choice

The most significant predictor of whether a student will attend college is his/her ________.

• A) test scores
• B) motivation
• C) family background
• D) personality

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Definitions:

Utility Function

A mathematical representation of how consumers rank different bundles of goods according to their level of satisfaction or preference.

Nonlabor Income

Income received that does not come from working, such as investment income, social security benefits, or inheritance.

Leisure

Free time spent away from business, work, and domestic chores, often used for rest, recreation, and personal interests.

Wage Rate

The wage rate is the amount of money paid to a worker for a specified quantity of work, typically expressed on an hourly, daily, or piecework basis.