Standard of Living- Factors Affecting

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1. Can a household or family group with one or more high earning members have a higher standard of living

  • Yes
  • No
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Other questions in this quiz

2. A household with many dependent members can have a lower what?

  • Standard of living
  • Disposable income
  • Mortgage bill

3. Can living in rural areas increase transport cost?

  • Yes
  • No

4. Family groups with access to considerable financial resources are likely to have a...?

  • Higher standard of living
  • Lower standard of living

5. The reliance on 2 wages to buy and maintain a home means many households are increasing the risk of?

  • Financial hardship
  • Luxury items
  • Disposable income

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