Question

Decide which kind of graphic you would use to replace or support the paragraph or text below.

A good rule is to spend 50 percent of your income on basic needs such as groceries, rent and insurance and then 30 percent of your income on wants such as eating out or attending concerts. Finally, you should deposit 20 percent in a savings account.
A diagram with callouts A table A pie chart A video

Answer 1

[AI-generated answer — Bot GPT 3.5]

A pie chart would be the most suitable graphic to replace or support the paragraph. The pie chart can visually represent the breakdown of income allocation into the three categories: basic needs, wants, and savings. The different sections of the pie chart can be labeled accordingly, showing the recommended percentages for each category.