Suppose You Are Told That Sales This Year Are 30

question 151

Multiple Choice

Suppose you are told that sales this year are 30% higher than they were six years ago.What has been the average annual increase in sales over the past six years?

• A)5.0%
• B)4.5%
• C)4%
• D)3.5%

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Definitions:

Writ of Certiorari

An order issued by a higher court to a lower court to transfer the records of a specific case for review.

Administrative Law

The rules and regulations governing the function and powers of the executive branch of government.

Judicial Review

Power held by the courts to review decisions made by administrative decision makers.

Statement of Claim

A legal document filed in court outlining the plaintiff's claims against the defendant and the basis for those claims.