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Economics · Oct / Nov 2019 · Paper 13 · Question 10

2281Households

The table shows how three people (X, Y and Z) spend their income. | | person X | person Y | person Z | |---|---|---|---| | 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 highest income to lowest income?

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

As printed in the paper

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Correct answer: C. Z → X → Y

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