Economics 0455 · IGCSE · Households

Households — practice question

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?

  • AY → X → Z
  • BY → Z → X
  • CZ → X → Y
  • DZ → Y → X

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