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over the last few decades, americans have chosen to cook less at home and eat more at restaurants. this change in behavior, by itself, has

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Parrainidn

The decision by most Americans to cook less and instead go out to restaurants has d) increased measured GDP by the value added by the restaurants preparation and serving the meals.

Gross Domestic Product:

  • Is total value of goods and services in an economy over a year
  • Increases when people, companies, or the government spends more in the economy

When Americans spend more in restaurants, they are spending more in the economy. That spending would be going towards the cost of preparing and serving the food in the restaurant.

We can therefore conclude that GDP rises because Americans spend more in the economy when they eat at restaurants.

Find out more at https://brainly.com/question/1383956.

Options for this question include:

a) reduced measured GDP

b) not affected measured GDP

c) increased measured GDP by the value of the restaurant meals

d) increased measured GDP by the value added by the restaurants preparation and serving the meals

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