Jenny Was the Only Student in Her Class to Get

question 122

Multiple Choice

Jenny was the only student in her class to get all of the questions right on the math test. She announced to the class, "I am perfect! I am better than everyone!" Given this display, which country is Jenny most likely from?

• A) Australia
• B) Japan
• C) China
• D) the United States

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Definitions:

Market Participants

Individuals or entities engaging in buying, selling, or other transactions in markets.

Rational Expectations Theory

A principle that asserts that outcomes will not systematically deviate from what people expected them to be, because individuals use all available information to make forecasts.

Fed

Short for the Federal Reserve System, it's the central banking system of the United States responsible for monetary policy.

Discretionary Fiscal

Fiscal policies involving government spending and taxation that are at the discretion of the government and are used to influence the economy.