Which of the following combinations of expenses use up most household income?
A) housing, insurance, taxes
B) food, housing, transportation
C) food, travel, savings
D) housing, taxes, transportation
E) food, housing, retirement planning

Question

Quizplus · Accepted Answer

Food, housing, and transportation are necessities that most households spend a significant amount of money on. The cost of housing often consumes the largest portion of a household's income, followed by transportation and food. Therefore, option B is the combination that uses up the most household income.

Which of the Following Combinations of Expenses Use Up Most