The national debt is of growing concern in the United States. It reached $1 billion in 1916 during World War I and climbed to $278 billion by the end of World War II. It reached its first trillion on October 1, 1981, and rose to $2 trillion on April 3, 1986. The third trillion milestone was reached on April 4, 1990. However, the magnitude of the national debt became headline news when it reached $4 trillion and became a presidential campaign slogan for Ross Perot in 1992. It passed $5 trillion in 1996, $6 trillion in 2002, and on January 15, 2004, it reached $7 trillion. We hardly noticed the other milestones. $8 trillion on October 18, 2005 $9 trillion on March 6, 2006 $10 trillion on October 7, 2008 $11 trillion on March 22, 2009 $13 trillion on June 1, 2010 $14 trillion on January 4, 2011 $15 trillion on November 15, 2011 $16 trillion on September 4, 2012 $17 trillion on October 18, 2013 $18 trillion on November 28, 2014 Represent this information on a line graph.. Debt (in trillions) 20 18+ 16+ 14+ 12+ 10- 8 6 O 4 2 20 Debt (in trillions) 18+ 16+ 14+ 12+ 10+ Debt (in trillions) 20 18+ 16+ 14+ 12+ DU 10+ 8 6 4: 2 2015 8+ 6 1930 4 2 1950 1970 Year 1930 1990 1950 1970 Year Suggested tutorial: Learn It: Given a Data Set, Construct a Line Graph. 2015 1990 Debt (in trillions) 201 18+ 16+ 14 O x 12 10- 8 6 4 2 1930 1950 1970 1990 Year 1930 1950 1970 1990 Year 2015 2015
The national debt is of growing concern in the United States. It reached $1 billion in 1916 during World War I and climbed to $278 billion by the end of World War II. It reached its first trillion on October 1, 1981, and rose to $2 trillion on April 3, 1986. The third trillion milestone was reached on April 4, 1990. However, the magnitude of the national debt became headline news when it reached $4 trillion and became a presidential campaign slogan for Ross Perot in 1992. It passed $5 trillion in 1996, $6 trillion in 2002, and on January 15, 2004, it reached $7 trillion. We hardly noticed the other milestones. $8 trillion on October 18, 2005 $9 trillion on March 6, 2006 $10 trillion on October 7, 2008 $11 trillion on March 22, 2009 $13 trillion on June 1, 2010 $14 trillion on January 4, 2011 $15 trillion on November 15, 2011 $16 trillion on September 4, 2012 $17 trillion on October 18, 2013 $18 trillion on November 28, 2014 Represent this information on a line graph.. Debt (in trillions) 20 18+ 16+ 14+ 12+ 10- 8 6 O 4 2 20 Debt (in trillions) 18+ 16+ 14+ 12+ 10+ Debt (in trillions) 20 18+ 16+ 14+ 12+ DU 10+ 8 6 4: 2 2015 8+ 6 1930 4 2 1950 1970 Year 1930 1990 1950 1970 Year Suggested tutorial: Learn It: Given a Data Set, Construct a Line Graph. 2015 1990 Debt (in trillions) 201 18+ 16+ 14 O x 12 10- 8 6 4 2 1930 1950 1970 1990 Year 1930 1950 1970 1990 Year 2015 2015
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:64°F
The national debt is of growing concern in the United States. It reached $1 billion in 1916 during World War I and climbed to $278 billion by the end of World War II. It reached its first trillion on October 1, 1981, and rose to $2 trillion on
April 3, 1986. The third trillion milestone was reached on April 4, 1990. However, the magnitude of the national debt became headline news when it reached $4 trillion and became a presidential campaign slogan for Ross Perot in 1992. It
passed $5 trillion in 1996, $6 trillion in 2002, and on January 15, 2004, it reached $7 trillion. We hardly noticed the other milestones.
$8 trillion on October 18, 2005
$9 trillion on March 6, 2006
$10 trillion on October 7, 2008
$11 trillion on March 22, 2009
$13 trillion on June 1, 2010
$14 trillion on January 4, 2011
$15 trillion on November 15, 2011
$16 trillion on September 4, 2012
$17 trillion on October 18, 2013
$18 trillion on November 28, 2014
Represent this information on a line graph.
Debt (in trillions)
Debt (in trillions)
20
18+
16+
14+
UU
12+
10-
8
6
4
2
2015
O
201
18-
16
14-
12+
10
8
6
4
2
Debt (in trillions)
20
18+
16+
14+
12+
10+
8+
6+
4
1930 1950 1970 1990
Year
I
2+
1930 1950 1970 1990
Year
Suggested tutorial: Learn It: Given a Data Set, Construct a Line Graph.
2015
O
1930 1950
Debt (in trillions)
20T
18+
16+
14
12+
10+
8
6+
4
2
1930
1970 1990
Year
1950 1970 1990
Year
2015
2015
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