Which of the following has occurred as the millennial generation has come of age?
A) The demand for "fast casual" food has decreased in the U.S. market.
B) The demand for golf equipment has decreased in the U.S. market.
C) The demand for traditional fast food has increased in the U.S. market.
D) all of the above
Answer: B
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The immediate, direct effect of someone's cashing a check at a commercial bank is
A) a decrease in the stock of money (M1). B) an increase in the stock of money (M1). C) no change in the stock of money. D) unknown until the check casher spends the currency withdrawn from the bank.
What is the marginal utility of the fourth can of soda?Cans of SodaTotal utilityMarginal utility114 2 12336 444 5 6
A. 10 units of utility B. 2 units of utility C. 44 units of utility D. 8 units of utility
The hypothesis that changes in the money supply lead to an equiproportional change in the price level is called
A. the classical theory of money. B. the quantity theory of money. C. the Keynesian theory of money. D. the fractional theory of money.
Planned investment spending is higher
A) when real interest rate is higher. B) during financial frictions. C) when businesses are optimistic. D) all of the above. E) A and C.