Question

In the graph below of the Number of Voluntary Bankruptcies Filed during 1981-1994, which statement best describes the information presented in the line graph? 1000 900 800 700 600 500 400 300 200 100 0 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 Year The amount of money bankrupt people owed from 1981 to 1992 increased then decreased The 1980s proved to be a time in which people did not file for bankruptcy but they did file for bankruptcy in the early 1990s trends in the amount of people who filed for bankruptcy from 1981 to 1994. In the early 1980s, the number of people filing for bankruptcy remained relatively constant but rose sharply from 1985 through 1992, then tailed off in 1994In the graph below of the Number of Voluntary Bankruptcies Filed during 1981 - 1994, in what year did approximately 560,000 people file for bankruptcy? 1000 900 800 700 600 500 F 400 300 200 100 0 981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 Year 1986 1987 1988 1989

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Answer #1

Solution to Ques1.

The graph clearly depicts that during the period 1981 – 1994, the number of people filing for bankruptcy remained relatively constant in the early 1980s but started rising sharply starting 1985 and then started decreasing from 1992.

So the answer is option D.

Solution to Ques2.

From the graph given , we can infer that approximately 560,000 people filed for bankruptcy in the year 1987.

So the answer is option B.

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