Answer Happy

The following two pie graphs show how two families spend their money. The Alvarez family has a take-home pay of $3,650 per month and the Martinez family has a take-home pay of $7,300 per month. Alvarez Family Spending Savings Food 16% 18% Entertainment 16% Utilities 11% Housing 33% Gasoline 6% Martinez Family Spending Savings 14% Food 14% Entertainment 27% Housing 34% Utilities 8% Gasoline 3% a. Select the statement that best compares how much the families spend on gasoline. The two families both spent $200 on gasoline.

a. Select the statement that best compares how much the families spend on gasoline. The two families both spent $200 on gasoline. The Alvarez Family spent more on gasoline than the Martinez Family. Both families spend around $200 on gasoline. This is 6% of the Alvarez budget, but only 3% of the Martinez budget because the Martinez family starts with about twice as much money as the Alvarez family. O The Alvarez family spent more on gasoline than the Martinez family because 3% of $7,300 is more than 6% of $3,650. b. Estimate the actual spending on food and housing for each family. (Fill in the tables. Be sure to estimate - exact answers are not accepted.) Alvarez Family Food $ Housing $ Martinez Family Food $ Housing $ c. Both families spend about the same percentage of their income on housing. The family with the Select an answer v income can afford a house that has twice the payment and maintenance costs.