O-LevelEconomicsGovernment and the macroeconomy2281/11 · Oct/Nov 2010 · Q301 Mark
In Germany's 2007 retail price index, transport received a higher weighting than clothing and footwear. What does this difference indicate?
AHouseholds spent more on transport than on clothing and footwear.
BThe price of transport rose by more than the price of clothing and footwear.
CTransport is more of a luxury good than clothing and footwear.
DWage rises in the transport industry were higher than wage rises in the clothing and footwear industry.
✓ Correct answer
A: Households spent more on transport than on clothing and footwear.
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