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- In terms of Purchasing Power Parity (PPP), rural households have more purchasing power than do urban and suburban households at the same income level, since some of the income urban and suburban households utilize for food and shelter can be utilized by rural households for other needs.
Question 1:
In terms of Purchasing Power Parity (PPP), rural households have more purchasing power than do urban and suburban households at the same income level, since some of the income urban and suburban households utilize for food and shelter can be utilized by rural households for other needs. Which of the following inferences is best supported by the statement made above? A. All three types of households, urban, suburban, and rural, spend more of their income on housing than all other purchases combined.
B. Rural households have lower housing and food costs than do either urban or suburban households.
Feedback If less money is spent on food and other basic needs, then rest of the income is spared for other expenses
C. The median income of suburban and urban households is generally more than that of rural households.
D. The average rural households include more people than does the average urban or suburban holds.
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