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’ | |