Question

Based on the information provided in the graph, for which of the following situations could you expect to have the greatest increase in salary?
A graph titled Median Annual Household Income by Educational Attainment of Householder, 1997. Professional degree, 92,228 dollars; doctorate degree, 87,232 dollars; master's degree, 68,115 dollars; Bachelor's degree or more, 63,292 dollars; Bachelor's degree, 59,048 dollars; associate degree, 45,258 dollars; some college, no degree, 40,015 dollars; high school graduate, 33,779 dollars; ninth to twelfth grade, 19,851 dollars; than twelfth grade, 15,541 dollars.
a.
Having a high school diploma and going to college for a year.
b.
Having an associate’s degree and getting a bachelor’s degree.
c.
Having a bachelors degree and getting a master’s degree.
d.
Having a master’s degree and getting a doctorate degree.



Please select the best answer from the choices provided


A
B
C
D

Answer 1

D

Compute the increases:
- (a) $40,015 − $33,779 = $6,236
- (b) $59,048 − $45,258 = $13,790
- (c) $68,115 − $59,048 = $9,067
- (d) $87,232 − $68,115 = $19,117

The largest increase is (d).