1. If you were told that 75% of all people in the US are employed

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Pagina 1 di 6
1. If you were told that 75% of all people in the US are employed, which statement(s)
best fit(s) this scenario?
3/4 of all people are employed
75 out of every 100 people are employed
25% are not employed
all of the above
2. The rate of inflation in 1994 was .026. How would this be expressed as a percent?
.026%
.26%
2.6%
26%
3. A student earned $2000 working at a summer job before entering college. The
following summer, the student earned $2525. $SSUR[LPDWHO\ what percent increase
did the student's earnings grow from one summer to the next?
10%
25%
50%
525%
Use the following graph to answer questions 4 - 6.
Approximate Private Spending Data in the
World’s Major Industrial Powers for 1992
4. How much private spending occurred in Canada if the total spending was $3 trillion?
$.03 trillion
$.09 trillion
$9 trillion
$3 trillion
5.
$SSUR[LPDWHO\
1/5
what fraction of the total private spending occurred in Japan?
1/3
1/34
1/2
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Pagina 2 di 6
6. Which two countries have a combined private spending of 13%?
Italy and France
France and German
Italy and the United Kingdom
Germany and Canada
Use the following graph to answer questions 7 and 8.
Comparative Gross Domestic Products (GDPs) in Trillions of Dollars, 1993
The GDP data are converted to dollars via international exchange rates.
7. The United States' GDP is DSSUR[LPDWHO\ how many times larger than Germany's
GDP?
1 time
2 times
3 times
4 times
8. If you combined every country's GDP except the United States, would this value be
more than the United
less than the United
States
States
the same as the United
States
cannot be determined
Use the following graph to answer questions 9 and 10.
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Pagina 3 di 6
The Distribution Of Income Among Families, 1993
$SSUR[LPDWHO\ how many times more is the personal income of people in the Highest
20% income group as compared to people in the Second 20% income group?
2
3
4
5
10. Which statement best describes the information presented in the bar graph?
9.
Wealth is equally distributed among families.
Wealth is QRW equally distributed among families.
As you move from the lowest to the highest income group, the percent of
national income increased at a constant rate.
The middle 20% income group takes home half of the national income.
Use the table below to answer questions 11 and 12.
A factory makes TVs and VCRs. It can operate in 5 different
modes in order to produce different numbers of TVs and VCRs
as displayed in the table below.
7\SHRI
3URGXFW
TVs (in
thousands)
VCRs (in
thousands)
3URGXFWLRQ$OWHUQDWLYHV
$
%
&
'
(
0
1
2
3
4
10
9
7
4
0
11. If the factory operates under mode C, how many TVs and VCRs are produced?
2 TVs and 7 VCRs
7 TVs and 2 VCRs
7000 TVs and 2000 VCRs
2000 TVs and 7000 VCRs
12. If the factory changes from operating under mode B to operating under mode D, how
does the production of TVs and VCRs change?
2 more TVs and 5 fewer VCRs
1000 more TVs and 2000 fewer VCRs
2000 more TVs and 5000 fewer VCRs
5000 more TVs and 2000 fewer VCRs
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Pagina 4 di 6
Use the following graph to answer question 13.
Ice Cream Cones Eaten Vs. Price
13. When the price of ice cream cones rises from $1 to $2, what happens to the quantity
of cones eaten per week?
increases from 4 to 7
decreases from 7 to 4
remains the same
increases from 0 to 7
Use the following table for questions 14 and 15.
Number of Voluntary Bankruptcies Filed (1981 - 1994)
14. In what year did DSSUR[LPDWHO\ 560,000 people file for bankruptcy?
1986
1987
1988
1989
15. Which statement best describes the information presented in the line graph?
The amount of money bankrupt people owed from 1981 to 1992 increased then
decreased.
The 1980's proved to be a time in which people did not file for bankruptcy but they
did file for bankruptcy in the early 1990's.
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Pagina 5 di 6
There are no identifiable trends in the amount of people who filed for bankruptcy
from 1981 to 1994.
In the early 1980’s, the number of people filing for bankruptcy remained relatively
constant but rose sharply from 1985 through 1992, then tailed off in 1994.
Use this graph for questions 16 and 17.
In the graph at the right, line S shifts
from its initial position of S0 to its final
position at S1. Line S, at its initial
position, intersects line D at point A.
After the shift from S0 to S1 the point
of intersection shifts to point B.
16. As you shift from the intersection at point A to the intersection at point B, how does
the quantity change?
increases
decreases
remains the same
17. As you shift from the intersection at point A to the intersection at point B, how does
the price change?
increases
decreases
remains the same
Use the following graph to answer questions 18 - 20.
Other Exercises
Pagina 6 di 6
Private Spending Vs. Gross Domestic Product
(GDP)
Two lines, A and B,
intersect a 45 degree line
on the Private Spending
versus GDP graph below.
18. What is true of all points along the 45 degree line?
Private spending is greater than GDP.
GDP is greater than private spending.
GDP equals private spending.
No information can be determined from the graph.
19. At which GDP value (in billions) does line B intersect the 45 degree line?
390
400
410
420
20. How much more private spending (in billions) occurs at the intersection of the 45
degree line and B as compared to the intersection of the 45 degree line and A?
None since both values are found on the 45 degree line.
20
390
410