Economics · May / June 2016 · Paper 12 · Question 11
2281Households
The table shows how three people spend their income. [table: columns person X, person Y, person Z; rows: food, clothing and housing 35%, 50%, 20%; entertainment and leisure 25%, 20%, 40%; luxury goods 40%, 30%, 40%] For these three people, what is the most likely order of income, from lowest income to highest income?
- AX → Y → Z
- BY → X → Z
- CY → Z → X
- DZ → X → Y
As printed in the paper
Show the answer
Correct answer: B. Y → X → Z
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