What Category Comprises the Largest Cost of Public Education at the Local

question 7

Multiple Choice

What category comprises the largest cost of public education at the local level?

• A)Construction (new schools,improvements,etc. )
• B)Labor (teachers,staff,etc. )
• C)Student health (nurses,inoculations,etc. )
• D)Transportation (busses,lawn equipment,etc. )

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Definitions:

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a period of time, typically measured annually.

Profits

The financial gains obtained when revenue from business activities exceeds expenses, costs, and taxes.

Expected Rate Of Return

The predicted amount of return a given investment is anticipated to earn over a specified period.

Total Investment

The aggregate amount of funds invested in an economy by businesses and individuals, including investments in capital assets and inventories.