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Nobel Prize Winner Studied How People Spent Their Money

The winner of the 2015 Nobel Prize in Economic Sciences studies how people spend their money.__36__The Royal Swedish Academy of Sciences is presenting the Economics Prize to Professor Angus Deaton of Princeton University in New Jersey. The Nobel committee says his research has mainly dealt with three questions:__37__How much of society's wealth is spent and how much is saved? And, how do we best measure and study well­being and poverty?

Mr. Deaton used household surveys to collect detailed information about how families spend their money. People often asked him the question why he paid so much attention to household information. __38__“Well, it's individually... it's about people in the end. You have to understand what makes people tick, and what's good for them. And for me it's always been about trying to understand behavior and to try to infer from that behavior, you know, how people are doing.”

The Nobel committee said Mr. Deaton's research has shown “how the clever use of household data can shed light on(阐明)issues such as the relationship between income and calorie intake, and the extent of gender discrimination with the family.”__39__rather than  theoretical ideas. Subjects of his research have included happiness, well­being and aging. At a press conference last month, the Nobel Prize winner said he was pleased that his work had been recognized. __40__“I think we have had a remarkable decrease for the past 20 to 30 years. I do expect that to continue,” he said.

A. Are you a saver or a spender?

B. He told reporters he believed poverty would decrease.

C. How do consumers distribute their spending among different goods?

D. He said that his studies were mainly about people and their behavior.

E. He also has explored how spending can affect both living conditions and poverty.

F. He examined the close relationship between poverty and the amount of calories in the food people ate

G. The Nobel committee also praised Mr. Deaton's work because it used detailed information about real people

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