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The divided bar graph to the right shows the breakdown of the yearly c
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23 Apr 2022, 01:00
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The divided bar graph to the right shows the breakdown of the yearly composition of David's income between his expenditures and savings for three different years. Based on this information, which of the following statements is not true?
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(A) There was a greater percent increase in savings than expenditures from the year 2000 to 2010. (B) The savings/income ratio is the smallest in the year 2000. (C) The percent increase in savings in the years 2000-2005 is greater than the percent increase in savings in the years 2005-2010. (D) The increase in income for the years 2000-2005 is the same as in 2005-2010. (E) All of the statements are true.
Re: The divided bar graph to the right shows the breakdown of the yearly c
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24 Apr 2022, 10:18
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(A) Savings increased by 80%, from $5,000 to $9,000. True. (B) The savings/income ratio would be $5,000/ $40,000, $7,000/$45,000, and $9,000/$50,000. False. (C) The percent increase in 2000-2005 is $2,000/$5,000, while the percent increase in 2005-2010 is $2,000/$7,000. (D) There is a $2,000 increase in income between both 2000-2005 and 2005-2010.
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