I have a query regarding the 22. question. I don’t think we’ve been given a number for the Total disposable personal income in the chart. The pie chart shows that 3022 bil is the total expenditure of disposable personal income.
Can anyone help me out?
At the top of the pie chart it says 100% = 3022 bn - could that be it?
but that’s total expenditures right? since the pie chart talks about expenditures only?
I think you might have to assume all the income is spent (expenditure of income = total income).
@Leaderboard can you check this for me please?
We could maybe assume that but the chart on the right shows savings as a percent of income. if expenditure = income, how are there any savings?
Don’t overthink this one - “expenditure” just means spending.