Determine whether the spending pattern described is at, above, or below the national average. Assume that any salariesor wages are after tax.
-A single 27-year old woman with a monthly salary of $2700 spends $220 on health care.

Question

Determine whether the spending pattern described is at, above, or below the national average. Assume that any salariesor wages are after tax. 
-A single 27-year old woman with a monthly salary of $2700 spends $220 on health care.

Quizplus · Accepted Answer

The average monthly healthcare spending varies significantly by country, age, and other factors. However, for a single 27-year-old woman, spending $220 on healthcare could be considered above average, especially in countries with subsidized healthcare or lower healthcare costs. This assessment also depends on whether her salary is considered high or low for her location and situation, but without specific benchmarks, $220 can be seen as a substantial amount relative to a $2700 monthly salary.

Determine Whether the Spending Pattern Described Is At, Above, or Below