A country allocation to various sectors of the economy is shown in the pie chat below, use it to answer question 5 and 6 If the budget of the country was $7...

Assessment: WAEC SSCE - Economics - 2016 (Objective) Subject: Economics

Question 1 Report

A country allocation to various sectors of the economy is shown in the pie chat below, use it to answer question 5 and 6

If the budget of the country was $7,200, how much is allocated to Education?
Answer Details
To determine how much is allocated to Education, we need to look at the pie chart and find the percentage of the budget that is allocated to Education. Looking at the pie chart, we can see that the Education sector is represented by the blue section, which appears to be approximately one-third of the entire pie. To calculate the exact percentage, we can divide the blue section's area by the total area of the pie and multiply by 100. Based on the pie chart, the Education sector occupies approximately 33.33% of the total pie chart. Therefore, we can calculate the amount allocated to Education as follows: $7,200 (total budget) x 0.3333 (percentage allocated to Education) = $2,400.00 Therefore, the answer is $2,400.00.

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