On what do consumers spend the greatest portion of their disposable income?
A) Health care
B) Transportation
C) Food, shelter, and clothing
D) Personal care
E) Recreation

Question

Quizplus · Accepted Answer

Food, shelter, and clothing are basic necessities that everyone needs to survive and therefore, consumers generally spend the largest portion of their disposable income on these items. Health care, transportation, personal care, and recreation are also significant expenses, but they do not make up as large a portion of disposable income as the basics of food, shelter, and clothing.

On What Do Consumers Spend the Greatest Portion of Their