In 2002, this company was estimated to hold the largest share of the U.S. burger market:
A) McDonald's.
B) Burger King.
C) Wendy's.
D) none of the above.
A
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According to the aggregate expenditure model, when autonomous expenditure increases, equilibrium expenditure
A) increases by an equal amount. B) does not change because autonomous expenditures has no effect on equilibrium expenditure. C) does not change because only induced expenditures increase equilibrium expenditure. D) increases by a smaller amount. E) increases by a larger amount.
The North American Free Trade Agreement affects trade between:
a. the United States, Cuba, and Brazil. b. the United States, Canada, and Mexico. c. the United States, Puerto Rico, and Cuba. d. Brazil, Bolivia, Peru, and Columbia. e. China and the United States.
When the budget deficit is financed entirely through money creation, the real budget deficit is equal to which of the following?
A) ?H B) ?H - ?P C) (?H)/P D) (?H)/H E) P[(?H)/H]
Refer to the diagram. Consumption equals disposable income when:
A. disposable income is B.
B. disposable income is D.
C. CD equals A.
D. B equals CD.