A Major University Hired an Economist to Forecast Enrollment to Produce

question 24

Multiple Choice

A major university hired an economist to forecast enrollment to produce a prediction of "head count." One variable that she would probably emphasize more than any other in trying to make the forecast

• A)how interested people are in attending college.
• B)the employment opportunities that college opens up.
• C)survey results on public interest in education.
• D)her instinct about what the public wants.
• E)the price of attending-tuition.

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Definitions:

Net Capital Outflow

In economic terms, it's the net flow of capital, both monetary and physical, out of a country, taking into account investments abroad minus foreign investments domestically.

National Saving

The total of private and public savings in a country, often considered as the sum of household, business, and government savings.

Domestic Investment

This refers to the total amount of money invested within a country's own borders by both private and public sectors.

Foreign-Currency Exchange

The act of exchanging one country's currency for another's, influencing international trade and economic relations.