What Is the Difference Between a Calorie and a Calorie

question 51

Multiple Choice

What is the difference between a calorie and a Calorie?

• A) A Calorie equals 1000 calories.
• B) A calorie equals 1000 Calories.
• C) A Calorie equals 100 calories.
• D) A calorie equals 100 Calories.
• E) Calorie and calorie mean the same thing.

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Definitions:

Price Inelasticity

A situation in which the demand for a good or service is not significantly affected by changes in price.

Income Effect

The relationship between income fluctuations in an individual’s or economic environment’s finances and its influence on the quantity of goods or services demanded.

U.S. GDP

The total market value of all final goods and services produced within the United States during a specific time period.