Economics · May / June 2018 · Paper 11 · Question 11
2281Households
The table shows the percentage (%) of income saved by different age groups. | age (years) | 15–29 | 30–39 | 40–49 | 50–64 | 65+ | |---|---|---|---|---|---| | % of income saved | –30 | –5 | +15 | +30 | –10 | What can be concluded from the table?
- AOver the age range shown total savings equalled total dissavings.
- BThe 15–29 age group has the lowest level of income.
- CThe 50–64 age group saves the highest percentage of its income.
- DThe 65+ age group has a lower income than the 30–39 age group.
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Correct answer: C. The 50–64 age group saves the highest percentage of its income.
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