Multiple Choice
Related to the Economics in Practice on page 39: The results of the survey conducted by Esther Duflo and Abhijit Banerjee found that in extremely poor societies,
A) household choice plays no role in consumption decisions.
B) all consumption decisions are made by the government.
C) household choice even plays a role in non-food-related consumption decisions.
D) the only consumption decisions in which household choice plays a role is in the consumption of biological needs such as food.
Correct Answer:
Verified
Correct Answer:
Verified
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