Households

The table gives data for two workers. Annual income ($): doctor $60000$, window cleaner $24000$. Total deductions ($): doctor $10000$, window cleaner $8000$. Each worker puts aside $10\%$ of their disposable income. What amount does this represent in each case?

Feb/March 2016

The table below illustrates the way three individuals use their income. Arrange the three people in the order you would most likely expect for income, from the smallest income to the largest income.

Feb/March 2017

The table indicates how three people (X, Y and Z) use their income. For these three people, what is the most probable sequence of income, from the lowest income to the highest income?

Feb/March 2019

The table gives the weekly figures for a number of items for the average person in each group. Which group has the greatest average saving?

Feb/March 2019

After older people retire from work, they may receive pension income that is less than what they earned before. How is the share of their income spent on healthcare and leisure likely to change?

May/June 2015

The table illustrates how three people allocate their income. For these three people, what is the most likely sequence of income, from the highest income to the lowest income?

May/June 2016

The table below indicates how three people allocate their income. For these three people, what is the most likely sequence of income, from the lowest income to the highest income?

May/June 2016

The table below indicates the way three people divide up their income. food, clothing and housing: person X 30%, person Y 25%, person Z 50% entertainment and leisure: person X 35%, person Y 35%, person Z 25% luxury goods: person X 35%, person Y 40%, person Z 25% For these three people, what is the most probable sequence of income, starting with the lowest income and ending with the highest income?

May/June 2016

A student needs to borrow $\$60\,000$ to finance a five-year university course in medicine. What might encourage the student to borrow in order to pay for the course?

May/June 2017

The table gives the percentage (\%) of income that is saved by different age groups. What can be concluded from the table?

May/June 2018

The table gives some details about a computer engineer in 2015. Income tax is fixed at $20\%$. The engineer put aside $10\%$ of the disposable income. How much money was saved?

May/June 2018

Which factor has the greatest influence on the amount a family is able to save?

May/June 2019

Which factor has the greatest effect on how much a family saves?

May/June 2019

Which factor has the greatest influence on how much a family saves?

May/June 2019

What factors could lead consumers in a high-income economy to increase both their saving and their spending?

May/June 2021

Average incomes increased by $5\%$, yet savings did not increase. What could account for this?

May/June 2021

The table illustrates how three people, X, Y and Z, allocate their income. What is the most likely sequence of income, from the lowest to the highest, for these three people?

May/June 2022

What could prompt a consumer to reduce spending and increase saving?

May/June 2022

Which factor would be most likely to promote saving?

May/June 2023

What factor would result in households spending less in a country?

May/June 2024

The table illustrates how three people allocate their income. Arrange the three people in the most probable sequence of their incomes, starting with the lowest income and ending with the highest income.

Oct/Nov 2015

In what way do high direct taxes influence spending, and how do high interest rates influence saving among wage-earners?

Oct/Nov 2015

The table indicates how household spending varies as income rises. At the first income level shown, at which savings become positive, what is it?

Oct/Nov 2016

The table illustrates how household spending varies as income rises. At what first income level shown do savings become positive?

Oct/Nov 2016

What is the meaning of net income?

Oct/Nov 2016

Which diagram illustrates the usual pattern of income across a person’s entire lifetime?

Oct/Nov 2017

Which factor is likely to reduce the amount saved in an economy?

Oct/Nov 2017

What factors will lead to an increase in the level of savings in an economy?

Oct/Nov 2018

The table illustrates how three people (X, Y and Z) spend their income. For these three people, what order of income is most likely, from the highest income to the lowest income?

Oct/Nov 2019

The table sets out how three people (X, Y and Z) allocate their income. Housing, clothing and food: person X $35\%$, person Y $50\%$, person Z $20\%$. Leisure and entertainment: person X $25\%$, person Y $20\%$, person Z $40\%$. Luxury items: person X $40\%$, person Y $30\%$, person Z $40\%$. For these three people, what is the most probable ranking of income, from the highest to the lowest income?

Oct/Nov 2019

The table presents how three individuals (X, Y and Z) allocate their income. For these three individuals, what is the most probable ranking of income, from the highest earner to the lowest?

Oct/Nov 2019

The table indicates how household expenditure varies as income rises. What is the minimum income level at which savings are positive?

Oct/Nov 2020

The table illustrates how household spending varies as income rises. At what minimum income level are savings positive?

Oct/Nov 2020

The table illustrates how household spending varies as income changes. At what minimum income level do savings become positive?

Oct/Nov 2020

Which statement about various income groups is correct?

Oct/Nov 2022

Which statement concerning different income groups is correct?

Oct/Nov 2022

In which situations are households more likely to save?

Oct/Nov 2024

The table illustrates how household expenditure varies as income rises. At which first income level shown do savings become positive?

Oct/Nov 2025

The table gives the share of disposable income that four different households spend on three different goods. Which household is most likely to have the lowest income?

Oct/Nov 2025