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Economics · May / June 2016 · Paper 11 · Question 11

2281Households

The table shows how three people spend their income. | | person X | person Y | person Z | |---|---|---|---| | food, clothing and housing | 30% | 25% | 50% | | entertainment and leisure | 35% | 35% | 25% | | luxury goods | 35% | 40% | 25% | For these three people, what is the most likely order of income, from highest income to lowest income?

  1. AX → Y → Z
  2. BY → X → Z
  3. CY → Z → X
  4. DZ → X → Y

As printed in the paper

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Correct answer: B. Y → X → Z

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