Question

In 2009, the federal government budget was $3.1 trillion ($3,100,000,000,000). The government was looking to cut costs. a. If it decided to cut 1%, how much money did it cut? b. If the government reduced the budget by 7%, how much money did it cut? c. If the government eliminated $93 billion ($93,000,000,000) from the budget, what percentage did it cut?

Answer 1

To cut 1% of the budget, $31 billion was cut. To cut 7% of the budget, $217 billion was cut. When the government eliminated $93 billion, it cut 3% of the budget.

Step-by-step explanation:

a. To calculate the amount of money cut when the federal government decided to cut 1%, we can multiply the budget by 0.01. So, 0.01 * $3.1 trillion = $31 billion.

b. To calculate the amount of money cut when the government reduced the budget by 7%, we can multiply the budget by 0.07. So, 0.07 * $3.1 trillion = $217 billion.

c. To calculate the percentage of the budget that was cut when $93 billion was eliminated, we can divide the amount eliminated by the original budget and multiply by 100. So, ($93 billion / $3.1 trillion) * 100 = 3%.

Answer 2

a. If it decided to cut 1%, how much money did it cut?

31 billion

b. If the government reduced the budget by 7%, how much money did it cut

217,000,000,000

c. If the government eliminated $93 billion ($93,000,000,000) from the budget, what percentage did it cut?

3%

Step-by-step explanation:

A. Find 1% of 3.1 trillion

Convert 1% into a decimal, then multiply that by $3.1 trillion.

(0.01)(3,100,000,000,000)

Answer: 31 billion or 31,000,000,000

B. Find 7% of $3.1 trillion

Convert 7% into a decimal, then multiply that by $3.1 trillion

(0.07)(3,100,000,000,000)

Answer: 217 billion or 217,000,000,000

C. $93 billion is what percent of $3.1 trillion

Divide $93 billion by $3.1 trillion.

93,000,000,000 / 3,100,000,000,000 = 0.03

Then, convert that to a percent...

3%