If a Household Has ¥2,000 in Money and the Price

question 30

Multiple Choice

If a household has ¥2,000 in money and the price level is 10, then the real value of its money is:

• A)¥10.
• B)¥20,000.
• C)200 goods.
• D)1,900 goods.

---

Definitions:

Task Allocation

The assignment of tasks or duties to different people or groups in an organization or project, often based on skills, availability, or workload balancing.

Division of Labour

The assignment of different parts of a manufacturing process or task to different individuals in order to improve efficiency and productivity.

Social Roles

The parts individuals play as members of a social group, which dictate their behavior, responsibilities, and expectations.

Correspondence Bias

The tendency to overattribute someone's actions to their personality or disposition while underestimating situational factors.