WorksheetsExpenditure Patterns
Total questions: 8
Worksheet time: 4mins
Name
Class
Date
1.
Disposable income is income before Tax is paid to the governement
a)
True
b)
False
2.
Income and Savings have no difference
a)
True
b)
False
3.
As disposable income increases, the average propensity to save increases
a)
True
b)
False
4.
What is NOT a source of income?
a)
Pension
b)
State Benefits
c)
Loans
d)
Investment Benefits
5.
Which group spends the highest proportion of their total expenditure on food?
a)
The Poor
b)
The middle income group
c)
The Rich
d)
The very rich
6.
Which statement about different income groups is true?
a)
High income groups spend less, in % terms, than low income groups
b)
Low income groups find it easier to borrow than high income groups
7.
What must be occuring, if consumption is less than disposable income?
a)
Borrowing
b)
Saving
8.
A woman having a gross income of $200 and a disposable income of $150 spends $100. What is her APS?
a)
0.25
b)
0.33
100 %
