IN THE MONEY

Advance Level - Unit 03

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Exercises 1-2, pages 122

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Exercises 3, pages 122

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Exercises 4-5, pages 122-123

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Exercises 6-7, pages 123

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Exercises 8, pages 123

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Exercises 9, pages 123

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 Summarising statistics

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 Summarising statistics

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• The bar chart revealed that Americans once spent the
majority of their paychecks on food (40% in 1949 vs.
15.3% now). But 50 years later, Americans spend the bulk
of their income on housing (26.1% in 1949 vs. 41.1% now).
• The major drop in spending on food has to do with the
simple fact that productivity increases in agriculture and
manufacturing have made food cheaper to buy than it
was then.
• As for housing, the factor in the increase of spending on
housing is because people on average are now buying
and renting homes that are much larger than they were
in the 1940s.
• The amount Americans spend on transportation has
also jumped from 7.3% of income in 1949 to 16.9% of
income now. This rise might be driven by the spread of
cars.

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Describing trends
Word order
Describing trends
Prepositions
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