A Survey of Automobiles Parked in Student and Staff Lots

question 36

Multiple Choice

A survey of automobiles parked in student and staff lots at a large university classified the brands by country of origin,as seen in the table.
What percent of all the cars surveyed were foreign?

• A)44.2%
• B)18.9%
• C)13.1%
• D)25.3%
• E)31.1%

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Definitions:

Government Policies

Measures and actions taken by a government to influence or regulate the economy and societal welfare.

Natural Rate

The long-term rate of unemployment or the amount of unemployment that exists when the labor market is in equilibrium and the economy is producing at its potential output.

Expected Inflation

The rate at which people predict the general level of prices will rise in the future.

Actual Inflation

The real-time increase in the general price level of goods and services in an economy over a period of time.