The Primary Objective of Both the SAT Reasoning Test and the American

question 27

Multiple Choice

The primary objective of both the SAT Reasoning Test and the American College Testing Program (ACT) is to:

• A)assess high school achievement.
• B)assess college achievement.
• C)predict college performance.
• D)predict graduate school performance.

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Definitions:

Market Economy

An economic system where supply and demand from consumers direct the production of goods and services and determine their prices.

Goods And Services

Refers to the tangible products and intangible services that are produced and consumed within an economy.

Central Planning

An economic system in which decisions about production, investment, and distribution are made by a central authority, typically in a government.

Income

The amount of money received over a period of time, usually from work, investments, or business activities.