Related to the Economics in Practice on Page 36: the Results

question 84

Multiple Choice

Related to the Economics in Practice on page 36: 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.

---

Definitions:

Alzheimer's Disease

A progressive neurological disorder that causes memory loss, cognitive decline, and personality changes, primarily affecting older adults.

Memory Loss

The inability to remember information or events, which can be temporary or permanent, and is often associated with aging or conditions like dementia.

Confusion

A state of perplexity or uncertainty over what is happening, intended, or required.

Infant Amnesia

The inability of adults to recall personal memories from the first few years of life, due to the undeveloped state of the infant brain.