Question 2 [10 marks] Presented below in the table are the average household weekly expenditure ($) on three major commodity groups (current housing costs, medical care and health expenses, and communication) and the total household expenditure on all goods and services by the age of head of households in Australia in 2015-16. Using the information provided, and applying appropriate concepts and calculating appropriate indicators, analyse the patterns of consumption of these three commodity groups by households at different stages of the life cycle. Your response should be no more than 150 words, excluding calculations. Age of head of household All 1524 2534 3544 4554 5564 65+ households Current housing costs 286 440 492 364 241 126 312 Medical care and health expenses 27 79 81 91 95 90 87 Communication 67 55 47 54 49 33 47 Total expenditure on all goods and services 1,152 1,654 1,770 1,955 1,514 914 1,519

Question 2 [10 marks] Presented below in the table are the average household weekly expenditure ($) on three major commodity groups (current housing costs, medical care and health expenses, and communication) and the total household expenditure on all goods and services by the age of head of households' in Australia in 2015-16. Using the information provided, and applying appropriate concepts and calculating appropriate indicators, analyse the patterns of consumption of these three commodity groups by households at different stages of the life cycle. Your response should be no more than 150 words, excluding calculations. Age of head of household All 65+ households 1524 2534 3544 4554 55-64 286 440 492 364 241 126 312 Current housing costs Medical care and health 27 79 81 91 95 90 87 expenses Communication 67 55 47 54 49 33 47 Total expenditure on all goods and services 1,152 1,654 1,770 1,955 1,514 914 1,519 Question 2 [10 marks] Presented below in the table are the average household weekly expenditure ($) on three major commodity groups (current housing costs, medical care and health expenses, and communication) and the total household expenditure on all goods and services by the age of head of households' in Australia in 2015-16. Using the information provided, and applying appropriate concepts and calculating appropriate indicators, analyse the patterns of consumption of these three commodity groups by households at different stages of the life cycle. Your response should be no more than 150 words, excluding calculations. Age of head of household All 65+ households 1524 2534 3544 4554 55-64 286 440 492 364 241 126 312 Current housing costs Medical care and health 27 79 81 91 95 90 87 expenses Communication 67 55 47 54 49 33 47 Total expenditure on all goods and services 1,152 1,654 1,770 1,955 1,514 914 1,519