Economics 0455 · IGCSE · Households

Households — practice question

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?

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

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