Janet Woo Received the Following Grades in an Accounting Class

question 12

Multiple Choice

Janet Woo received the following grades in an accounting class at McClenan Community College: 65, 80, 70, 100, 75, and 90. The instructor said he would drop the lowest grade. What is Janet's average?

• A) 81
• B) 83
• C) 84
• D) 82
• E) None of these

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Definitions:

Real GDP Per Capita

Real GDP divided by the population; the best measure of an economy’s standard of living.

U.S. Job Market

The labor market in the United States, encompassing the supply of labor and demand for workers.

Average Education

The mean level of formal schooling completed by a population, often used as an indicator of human capital in economic studies.

Productivity Of Workers

A measurement of the efficiency and effectiveness of labor in producing goods and services, often quantified as output per worker.