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

Question 23

Multiple Choice

Determine whether the spending pattern described is at, above, or below the national average. Assume that any salariesor wages are after tax. Determine whether the spending pattern described is at, above, or below the national average. Assume that any salariesor wages are after tax.   -A single 48-year old man with a monthly salary of $4800 spends $1200 on rent. A) at average B) below average C) above average
-A single 48-year old man with a monthly salary of $4800 spends $1200 on rent.


A) at average
B) below average
C) above average

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