Direction (1 - 3): Study the following bar graph and answer the questions. The Bar graph gives the annual rates of inflation in percentage for 1975 and 1987.
1. Comparing the figures for USA vis-a-vis the developed nations, it can be concluded that. A. USA had better control on inflation B. Developed nations had better control on inflation C. Continues to be the same for USA and developed nations D. No conclusions can be drawn Answer & Solution Discuss in Board Answer & Solution Answer: Option A Solution: From graph it is clear that USA had better central on inflation.
2. From 1975 to 1987, inflation rate increased in the third world countries approximately by: A. 10% B. 20% C. 30% D. 36% Answer & Solution Discuss in Board Answer & Solution Answer: Option D Solution: $$\eqalign{ & \text{Required increment} \cr & = \frac{36.2 - 26.6}{26.6}\times100 \cr & = \frac{9.6}{26.6}\times100 \cr & = 36.09\% \approx 36\% \cr} $$
3. The change in rate of inflation was least in which of the following. A. Developed Nations B. UK C. World D. Third world Answer & Solution Discuss in Board Answer & Solution Answer: Option C Solution: From graph it is clear that minimum charge of rate is for world = 16 - 14.6 = 1.4
