Question: True or False 1) The Net Benefit Ration (NBR) captures how a specific price change is likely to affect a given household. 2) Household members

True or False

1) The Net Benefit Ration (NBR) captures how a specific price change is likely to affect a given household.

2) Household members tend to have different preferences, but empirical evidence shows that overall, most households are Pareto efficient.

3) Two countries with the same Gini coefficient have the same Lorenz curve.

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