Comprehension
The following bar graph depicts the annual rates of Inflation in percentages for 1975 and 1987.
Question: 1
From 1975 to 1987, inflation rate increased in the third world countries approximately by
From 1975 to 1987, inflation rate increased in the third world countries approximately by
Updated On: Oct 1, 2024
- 10\(\%\)
- 20\(\%\)
- 30\(\%\)
- 35\(\%\)
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The Correct Option is D
Solution and Explanation
Between 1975 and 1987, the inflation rate in third world countries increased by approximately
\(=\frac{36.2-26.6}{26.6}\times100\approx \frac{9}{27}\times100=35\%\)
The correct option is (D): 35\(\%\)
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Question: 2
In the year 1975, the lowest rate of inflation was in the
In the year 1975, the lowest rate of inflation was in the
Updated On: Oct 1, 2024
- Developed Nations
- UK
- USA
- Third World
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The Correct Option is C
Solution and Explanation
In 1975, the USA had the lowest inflation rate at \(10.3\%.\)
The correct option is (C): USA
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Question: 3
In the year 1987, the inflation rate in the third world countries vis-a-vis the whole world jumped approximately by
In the year 1987, the inflation rate in the third world countries vis-a-vis the whole world jumped approximately by
Updated On: Oct 1, 2024
- 50\(\%\)
- 100\(\%\)
- 125\(\%\)
- 200\(\%\)
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The Correct Option is C
Solution and Explanation
The rise in the inflation rate in third world countries compared to the global inflation rate in 1987
\(=(\frac{36.2-16}{16}\times100)\approx \frac{20}{16}\times100=125\%\)
The correct option is (C): 125\(\%\)
\(=(\frac{36.2-16}{16}\times100)\approx \frac{20}{16}\times100=125\%\)
The correct option is (C): 125\(\%\)
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Question: 4
Comparing the figures for the USA vis-a-vis the developed nations, it can be concluded that
Comparing the figures for the USA vis-a-vis the developed nations, it can be concluded that
Updated On: Oct 1, 2024
- USA had better control on inflation
- Developed nations had better control on inflation
- The control on inflation rate continues to be the same for the USA and for the developed nations
- No conclusion can be drawn
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The Correct Option is C
Solution and Explanation
The correct option is (C): The control on inflation rate continues to be the same for the USA and for the developed nations
Explanation: Inflation increases in Developed Nations =\(14.2 − 11.8 = 2.4\)
Inflation increases in USA =\(12.7 − 10.3 = 2.4\)
So, we can see that: control on inflation rate continues to be the same for the USA and for the developed nations
Explanation: Inflation increases in Developed Nations =\(14.2 − 11.8 = 2.4\)
Inflation increases in USA =\(12.7 − 10.3 = 2.4\)
So, we can see that: control on inflation rate continues to be the same for the USA and for the developed nations
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