Department of Labor monitors consumer expenditures through its annual Consumer Expenditure Survey.In 2009,consumers spent about 13 percent of their income on food,34 percent on __________,and 3.5 percent on clothes.
A) education
B) housing
C) vacations
D) health care
E) transportation

Question

Quizplus · Accepted Answer

According to the given information, consumers spent the highest percentage of their income on housing, which was 34%. Therefore, option B) housing is the correct answer. The other options, such as education, vacations, health care, and transportation, are not mentioned in the given information as a significant percentage of consumer spending.

Department of Labor Monitors Consumer Expenditures Through Its Annual Consumer