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 increased in the U.S. market.
C) The demand for traditional fast food has decreased in the U.S. market.
D) all of the above
Answer: C
You might also like to view...
Initially, the economy is in long-run equilibrium. The aggregate demand curve then shifts $50 billion to the left. The government wants to change its spending to offset this decrease in demand. The MPC is 0.80 . Suppose the effect on aggregate demand from a change in taxes is 4/5 the size of the change from government expenditures. There is no crowding out and no accelerator effect. What should
the government do if it wants to offset the decrease in aggregate demand? a. Raise both taxes and expenditures by $5.56 billion dollars. b. Raise taxes by $40 billion dollars and increase expenditures by $50 billion dollars. c. Reduce taxes by $10 billion dollars and increase expenditures by $10 billion dollars. d. Reduce taxes by $5.56 billion dollars and increase expenditures by $5.56 billion dollars.
In the derivation of TFC, you find
A. the minimum-slope ray out of the origin to the TVC. B. the vertical intercept of the TC and draw a horizontal line. C. the minimum-slope ray out of the origin to the TC. D. the minimum-slope ray out of the origin to the ATC.