A Level Economics (9708)•9708/11/M/J/23

Explanation
Upward Trend in 16-24 Group Expenditure
Steps:
- Identify starting expenditure level for 16-24 group at period's beginning.
- Note ending expenditure level at period's close.
- Assess intermediate data points for consistent direction.
- Confirm net increase without reversals.
Why C is correct:
- Data exhibits steady growth from initial to final values, aligning with economic trend analysis where overall rise indicates positive consumption shift over time.
Why the others are wrong:
- A: Expenditure rises, not falls, across the period.
- B: No initial decline occurs; growth is continuous.
- D: No subsequent fall after start; trend remains upward.
Final answer: C
Topic: Price elasticity, income elasticity and cross elasticity of demand
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