A School Board Has Determined That There Should Be 3

question 7

Multiple Choice

A school board has determined that there should be 3 teachers for every 50 students. How many teachers are needed for an enrollment of 2,750 students?

• A) 190 teachers
• B) 176 teachers
• C) 165 teachers
• D) 181 teachers
• E) 222 teachers

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Definitions:

Fed

Short for the Federal Reserve System, it is the central banking system of the United States, responsible for monetary policy.

Reserves

Deposits that banks have received but have not loaned out.

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a specified period.

Spending Multiplier

The ratio of the change in total output to the initial change in spending that brought it about.