The data in the graph is from the U.S. Department of Commerce.
According to this graph, in which year did the U.S. government first achieve a budget surplus?
- A. 1996
- B. 1994
- C. 1998
- D. 2002
Correct Answer & Rationale
Correct Answer: C
The graph indicates that the U.S. government first achieved a budget surplus in 1998, as evidenced by the line crossing above the zero mark in that year. Option A (1996) shows a deficit, as the line remains below zero. Option B (1994) also reflects a deficit, indicating that the government had not yet balanced its budget. Option D (2002) is incorrect as it depicts a return to deficit after a surplus, confirming that the surplus was achieved earlier in 1998. Thus, 1998 is the first year when the budget surplus was realized.
The graph indicates that the U.S. government first achieved a budget surplus in 1998, as evidenced by the line crossing above the zero mark in that year. Option A (1996) shows a deficit, as the line remains below zero. Option B (1994) also reflects a deficit, indicating that the government had not yet balanced its budget. Option D (2002) is incorrect as it depicts a return to deficit after a surplus, confirming that the surplus was achieved earlier in 1998. Thus, 1998 is the first year when the budget surplus was realized.
Other Related Questions
Which feature of the U.S. system of government did de Tocqueville believe might cause conflict in society?
- A. The majority is able to achieve special rights.
- B. The minority is able to block popular legislation.
- C. Legislators must represent minority interests.
- D. Legislators sometimes act against majority rule.
Correct Answer & Rationale
Correct Answer: A
De Tocqueville observed that when the majority in a democracy can impose its will, it might lead to the oppression of minority groups, creating societal conflict. This reflects his concern about "tyranny of the majority," where the dominant group's interests overshadow the rights of others. Option B is incorrect because while minorities can influence legislation, de Tocqueville focused more on majority power. Option C misrepresents his views; he acknowledged the importance of minority representation but did not see it as a source of conflict. Option D is also inaccurate, as de Tocqueville emphasized the potential for the majority to dominate rather than legislators opposing the majority.
De Tocqueville observed that when the majority in a democracy can impose its will, it might lead to the oppression of minority groups, creating societal conflict. This reflects his concern about "tyranny of the majority," where the dominant group's interests overshadow the rights of others. Option B is incorrect because while minorities can influence legislation, de Tocqueville focused more on majority power. Option C misrepresents his views; he acknowledged the importance of minority representation but did not see it as a source of conflict. Option D is also inaccurate, as de Tocqueville emphasized the potential for the majority to dominate rather than legislators opposing the majority.
Which statement best explains the situation described in the paragraphs?
- A. Crude oil prices in 2014 encouraged U.S. families to buy less gasoline in 2015.
- B. Crude oil production levels have caused U.S. gasoline prices to fall.
- C. Greater crude oil reserves have caused the U.S. government to reduce gasoline prices.
- D. Lower crude oil production will cause U.S. gasoline prices to return to 2014 levels by 2016.
Correct Answer & Rationale
Correct Answer: B
Option B accurately reflects the relationship between crude oil production levels and gasoline prices. Increased production typically leads to lower prices, as supply outstrips demand. Option A incorrectly suggests a direct correlation between crude oil prices in 2014 and gasoline purchases in 2015, neglecting the influence of production levels. Option C misrepresents the role of reserves; while greater reserves can impact prices, it is production levels that directly affect market prices. Option D speculates on future price increases due to lower production, which is uncertain and not directly supported by the information provided.
Option B accurately reflects the relationship between crude oil production levels and gasoline prices. Increased production typically leads to lower prices, as supply outstrips demand. Option A incorrectly suggests a direct correlation between crude oil prices in 2014 and gasoline purchases in 2015, neglecting the influence of production levels. Option C misrepresents the role of reserves; while greater reserves can impact prices, it is production levels that directly affect market prices. Option D speculates on future price increases due to lower production, which is uncertain and not directly supported by the information provided.
Which conclusion is best supported by information in the table and article?
- A. Individuals contributed a total amount of money equal to the total of all other sources of donations.
- B. Individuals contributing the smallest quantity of money insignificantly impact presidential campaigns.
- C. Individuals donated the greatest total amount although many contributions were relatively small.
- D. Individuals have more influence on the proposed policies of presidential candidates than groups do.
Correct Answer & Rationale
Correct Answer: C
Option C is supported by the data, indicating that while many individual contributions were small, they collectively formed the largest portion of total donations to presidential campaigns. This highlights the significant role individuals play despite the size of their contributions. Option A is incorrect as it suggests individuals’ contributions equaled all other sources, which is not supported by the data. Option B misrepresents the impact of smaller donations; even small contributions can collectively influence campaign funding significantly. Option D overstates individuals' influence on policy compared to groups, which often have more resources and organized lobbying power.
Option C is supported by the data, indicating that while many individual contributions were small, they collectively formed the largest portion of total donations to presidential campaigns. This highlights the significant role individuals play despite the size of their contributions. Option A is incorrect as it suggests individuals’ contributions equaled all other sources, which is not supported by the data. Option B misrepresents the impact of smaller donations; even small contributions can collectively influence campaign funding significantly. Option D overstates individuals' influence on policy compared to groups, which often have more resources and organized lobbying power.
According to the information in the first graph, which statement correctly describes the period from 2006 to 2008?
- A. Gross farm income continued the decline that had characterized previous years.
- B. Gross farm income increased despite increases in production costs.
- C. Increases in production costs caused gross farm income to decline.
- D. Decreases in production costs continued throughout this period.
Correct Answer & Rationale
Correct Answer: B
During the period from 2006 to 2008, gross farm income saw an increase, even as production costs rose. This indicates that farmers managed to offset higher expenses with increased revenue. Option A is incorrect as it suggests a continuation of decline, which contradicts the data showing growth in income. Option C misinterprets the relationship between rising costs and income, as income actually increased despite those costs. Option D is inaccurate because it implies a consistent decrease in production costs, which is not supported by the graph indicating rising expenses during this timeframe.
During the period from 2006 to 2008, gross farm income saw an increase, even as production costs rose. This indicates that farmers managed to offset higher expenses with increased revenue. Option A is incorrect as it suggests a continuation of decline, which contradicts the data showing growth in income. Option C misinterprets the relationship between rising costs and income, as income actually increased despite those costs. Option D is inaccurate because it implies a consistent decrease in production costs, which is not supported by the graph indicating rising expenses during this timeframe.