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Updated on: 26 Nov 2023, 05:25
Originally posted by Sajjad1994 on 09 Jan 2020, 06:46.
Last edited by BottomJee on 26 Nov 2023, 05:25, edited 3 times in total.
Last edited by BottomJee on 26 Nov 2023, 05:25, edited 3 times in total.
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Dropdown 1: decreased by 18.62%
Dropdown 2: Social Security and Transportation
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
33% (03:15) correct
67%
(02:54)
wrong
based on 375
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Use the drop-down menus to fill in the blanks in each of the following statements based on the information given by the graph.
1. If Medicare and Medicaid spending in 2005 were $824,400,000, spending in this sector approximately from 2005 to 2006.
2. The sectors of comprise approximately 25% of the total amount spent by the U.S. Government in 2006.
Attachment:
graph.jpg [ 72.23 KiB | Viewed 6696 times ]
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Dropdown 1: decreased by 18.62%
Dropdown 2: Social Security and Transportation
09 Jan 2020, 07:03
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1) Decrease by 18.62% since in 2005-824 million and in 2006-670.9
So change is (-824+670.9)/670.9 = -18.62%
2)Total of all the sections is 2648.2 so 25% of it is 662.05, which is roughly equal to sum of Social security(586.1) & Transportation(76.9)
3)Total amount spent on the four lowest is 228.5
And the average of top 2 is (804.1+670.9)/2 is 737.5 so the difference between both is 737.5-228.5= 509
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So change is (-824+670.9)/670.9 = -18.62%
2)Total of all the sections is 2648.2 so 25% of it is 662.05, which is roughly equal to sum of Social security(586.1) & Transportation(76.9)
3)Total amount spent on the four lowest is 228.5
And the average of top 2 is (804.1+670.9)/2 is 737.5 so the difference between both is 737.5-228.5= 509
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10 Jan 2020, 09:11
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1) Since we know that it decreased, and the two possible answers are -18 -22 percent (aprox), its just easier to multiply 824 times 0.8. And see if the number we get is higher or lower than the number we have in the graph. 824 million *0.8 is about 660. Which is less than what we have in the graph. Therefore option D
2) In the graph we see that 25% is about 670MM (from medicare and mediaid). If we check the sum of all the options, the closer one is Social security and transportation with about 660MM. Option E
3) This is just arithmetic, the average is (804+670)/2 and the sum of the other categories is about 239. Therefore is 509MM dollars less. Option A
2) In the graph we see that 25% is about 670MM (from medicare and mediaid). If we check the sum of all the options, the closer one is Social security and transportation with about 660MM. Option E
3) This is just arithmetic, the average is (804+670)/2 and the sum of the other categories is about 239. Therefore is 509MM dollars less. Option A
