Jennifer is a junior in college. Her current cumulative grade point average (GPA) is 3.5 out of a 4.0 scale. Jennifer is hoping that by the time she graduates, she can raise her cumulative GPA to a 3.7 . Which of the following statements is correct?
a. If Jennifer earns between a 3.5 and a 3.7 GPA in her senior year, she will be able to raise her cumulative GPA to a 3.7.
b. If Jennifer earns a 3.7 GPA in her senior year, she will be able to raise her cumulative GPA to a 3.7.
c. Jennifer must earn above a 3.7 GPA in her senior year in order to raise her cumulative GPA to a 3.7.
d. Either b or c could be correct.
c
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A) positive for a normal good. B) zero for an inferior good. C) less than one for an income elastic normal good. D) Only answers A and B are correct. E) Answers A, B, and C are correct.
Local government expenditures depend on which taxes?
A) revenues from licenses and permits B) local property, sales, and excise taxes C) capital gains taxes D) Social Security taxes