A Large University Is Divided into Six Colleges, with Most

question 34

Multiple Choice

A large university is divided into six colleges, with most students graduating from one of four of these colleges. The following bar chart gives the distribution of the percent graduating from each of these four most popular colleges in 2003. The percent of students graduating from either engineering or business is:

• A)approximately 30%.
• B)approximately 40%.
• C)approximately 50%.
• D)over 60%.

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Definitions:

Keynes

Refers to John Maynard Keynes, a British economist whose theories on government spending and monetary policy revolutionized economic thought and policy, especially during economic recessions.

Real Exchange Rate

The rate at which a person can trade the goods and services of one country for the goods and services of another.

Price Level

A measure indicating the average price of goods and services in an economy at a given time.

U.S. Residents

Individuals who live in the United States, including citizens, permanent residents, and long-term visitors.