Economics 2281 · O Level · Households

Households — practice question

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?

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

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