Which of the following would lead to an increase in the demand for fast food in Chicago?
a. An increase in Chicago's population
b. A decrease in average consumer income in Chicago.
c. A front page newspaper article in Chicago stating that fast food is very bad for your health.
d. A decrease in the average price charged by sit-down restaurants.
A
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a. increased; decreased b. decreased; increased c. held relatively steady; increased d. decreased; held relatively steady
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a. perpetuity b. annuity c. interest d. capital value
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a. True b. False Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)