Easy Statistics (Hard for me)

[sullen badger]

Derive and present a table that Compares 2020 Expenditure and Income (see Table 1) for the household across all expenditure and income categories with 2021 levels (see Table 4& 5) for your household. Discuss three main changes in the expenditure and income? Key consideration should be given to changes in rents, petrol and food prices
a. How much did Total Income and Total Expenditure grow by?
b. What percentage did the net budget position of the household change from 2020 to 2021?
c. Are the household better off or worse off in 2021 compared to 2020?

[sullen badger]

Hey if anybody could help I'd appreciate it so much

[distant roost]

What have you tried, where did you get stuck

[sullen badger]

I don't understand question B, where is the net budget position?

[sullen badger]

I've done question A, the total Income grew by $31 from the year 2020, to 2021 and the expenditure grew by $1

[elfin plover]

.close