Determine whether the spending pattern described is at, above, or below the national average. Assume that any salaries or wages are after tax. A couple over the age of 65 with a fixed monthly salary of $4200 spends $290 per month on entertainment.

A. at average
B. above average
C. below average

Answer: B

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Decide whether the statement makes sense. Explain your reasoning.Jose's car gets about 20 miles to the gallon. He is thinking of buying a new fuel-efficient car which gets miles to the gallon and which costs $25,000. He reasons in this way: " I drive about 300 miles per week. Gas costs about $3.50 per gallon. That means I'll save $1365 per year on gas. That means that if gas remains at $3.50 per gallon it will be about 18 years before the car has paid for itself. I don't think I can justify buying the new car. "