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Critical Thinking Questions Case 1 You have written the code below and you want to step through it with some actual values to make sure that it is working in practice the way you expect it to work. If decGPA > 3.5 Then If intSatScore > 1000 Then lblAdmissionsStatus.Text = "You have earned admission" Else lblAdmissionsStatus.Text = "Retake the SAT exam" EndIf Else If intSatScore > 1200 Then lblAdmissionsStatus.Text = "You have earned probationary admission" Else lblAdmissionStatus.Text = "You have been denied admission" End If End If Assuming that an applicant has a GPA of 3.55, what is the value of lblAdmissionsStatus.Text if the applicant's SAT score is 1000?
Net Value
The difference between the total benefits and total costs associated with an economic activity or transaction.
Long Run Deficit
A fiscal situation where a government consistently spends more than it earns over an extended period, leading to sustained budget deficits.
Nominal Wages
The wages that are paid to employees without adjustment for inflation, representing the dollar amount of the pay before considering purchasing power.
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