Question

Approximately what portion of annual consumption is typically spent by American households on shelter?

A. One-fourth
B. One-half
C. One-quarter
D. One-third

Answer 1

D. One-third

Step-by-step explanation:

A. is not the right answer. This is too little to spend on the shelter in a year.

B. is not correct. This would be too much to spend on the shelter.

C. is incorrect. One-quarter is the same as one-forth, therefore inccorect.

D. is the right answer. On avarage, one third of earnings and consumption in American household would go on shelter, meaning housing, utilities, rent etc.