The Best Predictor of How Well Schools Perform on Standardized

question 20

Multiple Choice

The best predictor of how well schools perform on standardized tests is the

• A)salary levels of the teachers.
• B)population density of the community.
• C)level of local school board control over policy.
• D)community's wealth.
• E)ratio of private to public schools in the community.

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Definitions:

Aggregate Supply

The total supply of goods and services that firms in a national economy plan on selling during a specific time period.

Aggregate-Demand Curve

A graph that shows the relationship between the overall price level and the total demand for goods and services in an economy.

Money Supply

The total of all monetary assets within an economy at a specific instant, comprising cash, coins, and balances in checking and savings.

Long-Run Aggregate-Supply

is the total supply of goods and services that a country's economy can produce over time when all inputs are used to their full potential.