Question 2 [10 marks] Presented below in the table are the average household weekly expenditure (S) on three major commodity groups (current housing costs, medical care and health expenses, and communication) and the total household expenditure on all goods and services by the age of head of households in Australia in 2015-16. Using the information provided, and applying appropriate concepts and calculating appropriate indicators, analyse the patterns of consumption of these three commodity groups by households at different stages of the life cycle. Your response should be no more than 150 words, excluding calculations. All 15-24 Age of head of household 25-34 3344 45-54 55-64 440 492 364 241 65+ households 286 126 312 27 79 81 91 95 90 87 Current housing costs Medical care and health expenses Communication Total expenditure on all goods and services 67 35 47 33 47 7.152 1.654 1.770 1.955 1.514 914 1.519