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In: Economics

Suppose we know that a policy did not produce any change in a household’s real per...

Suppose we know that a policy did not produce any change in a household’s real per capita consumption expenditure. List at least five ways the policy might nonetheless have improved the household’s well-being. That is, suggest at least five stories regarding how the household’s circumstances might have changed, and how the household responded to those changes, that are consistent with the household’s well-being rising even while its per capita consumption expenditure remains constant.

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Rahul Sunny answered 1 year ago
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