If you buy a burger and fries at your favorite fast food restaurant, Select one: O...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
If you buy a burger and fries at your favorite fast food restaurant, Select one: O a. then neither GDP nor consumption will be affected because you would have eaten at home had you not bought the meal at the restaurant. O b. then GDP will be higher, but consumption spending will be unchanged. O c. then GDP will be unchanged, but consumption spending will be higher. O d. then both GDP and consumption spending will be higher. If you buy a burger and fries at your favorite fast food restaurant, Select one: O a. then neither GDP nor consumption will be affected because you would have eaten at home had you not bought the meal at the restaurant. O b. then GDP will be higher, but consumption spending will be unchanged. O c. then GDP will be unchanged, but consumption spending will be higher. O d. then both GDP and consumption spending will be higher.
Expert Answer:
Related Book For
Posted Date:
Students also viewed these mathematics questions
-
If you buy a lottery ticket in 50 lotteries, in each of which your chance of winning a prize is 1/100, what is the (approximate) probability that you will win a prize (a) At least once? (b) Exactly...
-
If you buy a computer directly from the manufacturer for $3,500 and agree to repay it in 60 equal installments at 1.75% interest per month on the unpaid balance, how much are your monthly payments?...
-
If you buy a home with less than 20% down, you will pay an additional monthly fee, PMI (private mortgage insurance), until you reach 80% equity. Keep track of when you reach 80% equity so you can...
-
1. Is religious training mandatory at all of the schools in question? 2. Does the Court see inevitable church-state entanglements if the Board were allowed to exercise jurisdiction over teachers in...
-
El Tapitio purchased restaurant furniture on September 1, 2015, for $ 45,000. Residual value at the end of an estimated 10-year service life is expected to be $ 6,000. Calculate depreciation expense...
-
The Miami Central Hotel has 400 rooms. Every day, the housekeepers clean any room that was occupied the night before. If a guest is checking out of the hotel, the housekeepers give the room a...
-
The payroll disbursements were for two persons named Ciotty and Ciotti with the same first name and address. The interesting observation is that Ciotty is dated February 28, 2019, or after while...
-
Powell Company produces a single product. Its income statement under absorption costing for its first two years of operation follow. Additional Information a. Sales and production data for these...
-
4. Find the missing angle. 16 22 5. When you are a certain distance from the base of a building, the top of the building is at an angle of 60. When you move 30 m further away, the angle is 45. How...
-
You have been presented with the following set of financial statements for National Property Trust, a REIT that is about to make an initial stock offering to the public. This REIT specializes in the...
-
This outline caught my interest because I do not know anything about cryptocurrency. You followed the sequence well. You met every sequence also, so your speech fits this style. I was thinking of the...
-
If you were a Canadian manufacturer of shoes and you are looking to export your product from Canada to Germany what type of costs would you need to factor in? How would you know what price to sell...
-
You decide that it may be appropriate to offer Gillian some feedback about her behavior. When you ask her if she would like some feedback, she says yes. 1. What type of question are you using when...
-
1. Can an employer terminate older employees as a reduction in the employer's workforce without violating the ADEA? If so, how can an employer avoid violating the ADEA in a layoff situation? 2. Is an...
-
Identify the type of messages that Paul used when he talked to Gillian. You are always so inconsiderate of the rest of us that I hate working with you. You should quit". Discuss three reasons why...
-
Watch on youtube : Filipino tattoo Mark of the four waves tribe. 1. Make an introduction explanation? 2. What is the importance of this video in Filipino cultures? 3. What is your reflection and...
-
Johnny purchased a beach house in California and he took out a $200,000, 30-year loan with a 7% interest (paid annually). He just made the payment. Given the financial situation in world markets he...
-
Why do markets typically lead to an efficient outcome for buyers and sellers?
-
Multiple Choice Questions: 1. Suppose that the dollar rises from 100 to 125 yen. As a result? a. Exports to Japan will likely increase. b. Japanese tourists will be more likely to visit the United...
-
Assume the following weekly demand schedule for Sunshine DVD Rentals in Cloverdale. a. When Sunshine DVD Rentals lowers their rental price from $4 to $3, what happens to its total revenue? b. Between...
-
Answer questions a-e. a. What is the equation of exchange? b. In the equation of exchange, if V doubled, what would happen to nominal GDP as a result? c. In the equation of exchange, if V doubled and...
-
The basketball player from Example 2 is asked to shoot three free throws 100 times. Compute the mean number of free throws made. Approach The player shoots three free throws and the number made is...
-
A term life insurance policy will pay a beneficiary a certain sum of money upon the death of the policyholder. These policies have premiums that must be paid annually. Suppose an 18- year-old male...
-
Find the standard deviation of the discrete random variable given in Table 1 from Example 2. Approach We will use Formula (2a) with the unrounded mean X = 2.39. Approach We will use Formula (2b)...
Study smarter with the SolutionInn App