Multiple Choice
Sally prepared her own meals during the first quarter of 2010, and then ate at restaurants every day in the second quarter of 2010. What is the impact on GDP of Sally's change of habit?
A) It necessarily raises GDP.
B) It necessarily reduces GDP.
C) It raises GDP because the restaurant meals are more expensive.
D) It has no impact on GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Q105: In Canada in 2008, what percentage of
Q106: Table 5-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 5-2
Q108: Table 5-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 5-2
Q109: Which of the following is included in
Q111: How do nominal GDP and real GDP
Q112: In 2008, what were Canadian net exports?<br>A)negative
Q113: Which of the following best describes real
Q114: How is NNP calculated?<br>A)by subtracting saving from
Q115: George buys and lives in a newly
Q154: How is gasoline treated in GDP terms?<br>A)