The Department of Labor monitors consumer expenditures through its annual Consumer Expenditure Survey.In 2010,consumers spent about 13 percent of their income on food,34 percent on __________,3.5 percent on clothes and 22 percent on transportation and health care.
A)education
B)housing
C)vacations
D)health care
E)transportation

Question

Quizplus · Accepted Answer

The options given are education, housing, vacations, health care, and transportation. Out of these, only housing fits the blank as it is a basic necessity and often makes up a large portion of consumer expenses. The remaining options, education, vacations, and health care, usually make up a smaller portion of consumer spending, and transportation is already listed separately in the given options.

The Department of Labor Monitors Consumer Expenditures Through Its Annual