A Student Gets 18 Questions Correct on a Test of 20

question 184

Multiple Choice

A student gets 18 questions correct on a test of 20 questions. What percentage of questions did the student answer correctly?

• A)80%
• B)90%
• C)95%
• D)85%

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Definitions:

Agribusiness

The portion of the agricultural and food product industries that is dominated by large corporations.

Competitive Markets

Markets where multiple sellers offer a similar product, leading to price competition and quality improvements.

Parity Concept

A principle in economics that suggests that exchange rates between currencies should adjust to reflect changes in price levels between countries.

Farm Subsidies

Financial support provided by the government to farmers, intended to stabilize prices, ensure a sufficient food supply, and support farmers' incomes.