Carcass wrote:
Attachment:
#greprepclub In how many years between 1940 and 2010.jpg
In how many years between 1940 and 2010, inclusive, did the gross federal debt exceed the gross domestic product?
(A) Three
(B) Four
(C) Five
(D) Six
(E) More than six
To get a better idea of what this chart is telling us, let's examine the data from 1940.
Notice that the top of the bar is approximately in line with 51%.
This means the TOTAL federal debt (consisting of debt held by the public and debt held by government accounts) is equal to 51% of the gross domestic product
In other words, in 1940, the gross federal debt equaled 51% of the gross domestic product.
Similarly, in the 1946, we see that the top of the bar is approximately in line with 121%.
This means the TOTAL federal debt (consisting of debt held by the public and debt held by government accounts) is equal to 121% of the gross domestic product
In other words, in 1946, the gross federal debt equaled 121% of the gross domestic product.
In other words, in 1946, the gross federal debt EXEEDED the gross domestic product.
So, every year in which the top of the bar is greater than 100%, we know that the gross federal debt EXEEDED the gross domestic product for that year.
We can see that, in 1945, 1946 and 1947, the gross federal debt EXEEDED the gross domestic product for that year (i.e., the top of the bar is greater than 100% for those three years)
Answer: A