Households

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

May/June 2016

The table illustrates the way in which three people use their income. For these three people, what is the most probable ranking of income, from the lowest income to the highest income?

May/June 2016

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

May/June 2018

The table presents some details for a computer engineer in 2015. salary amount: $40000$ consultancy fees earned: $15000$ credit card repayment: $5000$ Income tax is fixed at $20\%$. The engineer put aside $10\%$ of the disposable income. What amount was saved?

May/June 2018

Which factor has the greatest influence on the amount a family saves?

May/June 2019

What is the single most significant factor that influences how much a family saves?

May/June 2019

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

May/June 2021

The table sets out 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

The table illustrates the way in which three people, X, Y and Z, allocate their income. What is the probable sequence of income, from the lowest income to the highest income, for these three people?

May/June 2022

In Greece, wealthier households spend more than the typical household. The level of spending in an economy helps determine whether its production point lies on or inside its production possibility curve (PPC). In 2020, household spending in Greece decreased. That influenced some firms’ merger plans. It also raised unemployment. More than half of Greece’s unemployed had been out of work for over a year.

May/June 2023

What might cause households in a country to spend less?

May/June 2024

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

Oct/Nov 2015

When comparing low-income earners with high-income earners, which statement is correct?

Oct/Nov 2015

Nazmin Uddin is employed as a secretary in a local office for three days each week. She shares a small apartment with her parents. Meer Ali is the owner of a profitable fitness centre that employs about twenty people. He lives in a large house. Which statement is most likely to be true?

Oct/Nov 2016

The table illustrates how household spending varies as income rises. Which is the first income level shown at which savings are above zero?

Oct/Nov 2016

Which option shows the correct examples of income and wealth?

Oct/Nov 2016

What is meant by net income?

Oct/Nov 2016

What is likely to cause the level of saving in an economy to fall?

Oct/Nov 2017

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

Oct/Nov 2018

The table below indicates how three people (X, Y and Z) allocate their income. food, clothing and housing: person X 35%, person Y 50%, person Z 20% entertainment and leisure: person X 25%, person Y 20%, person Z 40% luxury goods: person X 40%, person Y 30%, person Z 40% For X, Y and Z, what is the most likely income order, starting with the highest income and ending with the lowest income?

Oct/Nov 2019

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

Oct/Nov 2019

The table illustrates how household spending varies as income rises. What is the minimum income level at which savings become positive?

Oct/Nov 2020

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

Oct/Nov 2020

Which statement concerning the different income groups is correct?

Oct/Nov 2022

In what circumstances are households more likely to save?

Oct/Nov 2024

The table sets out the proportion 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