Select all the correct answers.

Question

Which two of the following statements regarding dual-income families are true?

They are not as financially stable as those in a single-income household.
Their combined incomes are statistically less than those of single-income households.
The spouse or partner who earns the most income should be responsible for monitoring the household budget.
They have more purchasing power than single-income families.
They typically spend more on expenses than single-income families.

Answer 1

The correct answers are:

• They have more purchasing power than single-income families.
• They typically spend more on expenses than single-income families.

These statements reflect the financial dynamics generally associated with dual-income households compared to single-income households.