The largest share of the typical American family budget goes to
A)goods.
B)health care.
C)housing.
D)transportation

Question

Quizplus · Accepted Answer

According to the Bureau of Labor Statistics, housing expenses, including mortgage or rent payments, utilities, and home maintenance, accounted for approximately 33% of the average American household budget in 2019. This is the largest share of the budget, followed by transportation expenses at 16%, and food at 13%. Health care expenses, on the other hand, accounted for only about 8% of the budget.

The Largest Share of the Typical American Family Budget Goes