Question

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

Answer 1

Answer:

D. One-third

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.