Solve the Problem. -The Percentage of Registered Voters Who Voted in This Election

question 243

Multiple Choice

Solve the problem.
-The percentage of registered voters who voted in this election was 54%, up 20% from the last election. What was the percentage that voted at the last election?

• A)45%
• B)64.8%
• C)43.2%
• D)34%

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Definitions:

Federal Funds Rate

The interest rate at which depository institutions lend reserve balances to other depository institutions overnight, a key economic policy tool used by the Federal Reserve.

Economic Growth

An increase in the production of goods and services in an economy over a period, reflecting a rise in national income and standard of living.

Tax Rate

A tax rate is the percentage at which an individual or corporation is taxed.

Fiscal Policy

Government policies related to taxation and public spending with the aim of influencing economic conditions, including levels of employment, inflation, and economic growth.