Related to the Economics in Practice on p. 35: In the survey conducted by Esther Duflo and Abhijit Banerjee, the extremely poor were found to consume ________ of their budgets on weddings, funerals, and other festivals.
A) virtually none
B) less than 5 percent
C) almost 10 percent
D) over half

Question

Quizplus · Accepted Answer

The survey by Esther Duflo and Abhijit Banerjee found that the extremely poor allocate almost 10 percent of their budgets to weddings, funerals, and other festivals, highlighting the significant cultural and social importance of these events despite their economic constraints.

Related to the Economics in Practice on P