The Registrar of Kellog University Estimates That the Total Student

question 26

Multiple Choice

The registrar of Kellog University estimates that the total student enrollment in the Continuing Education division will grow at the rate of ​ students/year years from now. The current student enrollment is 2,000. What will be the student enrollment 6 years from now?
​

• A) 8,516 students
• B) 6,936 students
• C) 6,382 students
• D) 9,195 students
• E) 9,574 students

---

Definitions:

Great Depression

A severe worldwide economic downturn that took place during the 1930s.

Nominal GDP

Nominal GDP is the market value of all final goods and services produced within a country in a given period, measured in current prices.

Aggregate Output

The total value of all goods and services produced in an economy over a specific time period.

Aggregate Supply

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