This table shows how three people spend their income. person X person Y person Z food and housing 60% 20% 30% travel and leisure 20% 40% 30% luxury goods 20% 40% 40% Put the three people in the most likely order of income from the lowest to the highest income. A X, Y, Z B X, Z, Y C Y, Z, X D Z, Y, X

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MCQ

2017

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The table shows how three people (X, Y and Z) spend their income. person X person Y person Z food, clothing and housing 30% 25% 50% entertainment and leisure 35% 35% 25% luxury goods 35% 40% 25% For these three people, what is the most likely order of income, from lowest income to highest income?

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MCQ

2019

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The table shows the weekly values of certain items for the average person in each group. In which group does the average person save the most?

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MCQ

2019

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Banks decrease interest rates. What is likely to be the effect of this on borrowing and saving?

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MCQ

2020

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Sanjay is a risk taker and sets up a restaurant in Chennai. Sanjay works for the business as a chef. He leases the restaurant building from Raghav and employs him to serve the customers. Which income is earned by Sanjay and Raghav?

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MCQ

2021

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The table shows spending in the leisure sector of a country in 1995, 1999 and 2005. year leisure spending ($ billion) 28.0 27.5 27.0 as a % of total consumption What can be concluded from the table?

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MCQ

2023

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Which factor is likely to cause an increase in people’s savings?

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MCQ

2006

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Which group is likely to save the largest proportion of its income?

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MCQ

2007

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What is likely to be found when comparing high income earners with low income earners?

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MCQ

2008

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What would encourage a rise in spending but not a rise in saving?

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MCQ

2008

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