

MCQOPTIONS
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1. |
Constrained choice is relevant for households ? |
A. | making spending decision but not labour-supply decision. |
B. | making both spending and labour-supply decisions |
C. | considered to be ‘poor’ but not for those who are considered to be ‘rich’ |
D. | making labour-supply decisions but not spending decisions. |
Answer» C. considered to be ‘poor’ but not for those who are considered to be ‘rich’ | |