Related to the Economics in Practice on page 36: In the survey conducted by Esther Duflo and Abhijit Banerjee, the extremely poor were found to consume ________ of their budgets on food compared to people in the United States.
A) a significantly higher percentage
B) about the same percentage
C) a slightly lower percentage
D) approximately 50 percent less

Question

Quizplus · Accepted Answer

The extremely poor were found to consume a significantly higher percentage of their budgets on food compared to people in the United States, reflecting the basic necessity of food and the larger portion of income it consumes for those in extreme poverty.

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