The Nutritional Information Now Available at Many Fast Food Restaurants

question 99

Multiple Choice

The nutritional information now available at many fast food restaurants is an example of:

• A) a failed attempt by government to reduce information asymmetry.
• B) requiring the more informed party to reveal the missing information.
• C) government regulation to screen out unhealthy food for consumers.
• D) government requiring the restaurants to signal whether food is healthy or not.

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Definitions:

Fitful Light

Intermittent or irregular light, often used metaphorically to describe inconsistent or unpredictable behavior or conditions.

Owner-Occupied Housing

Residential properties that are owned and occupied by the homeowner as opposed to being rented out.

Rental Housing

Housing accommodations where occupants pay a regular fee (rent) to use the property of another party for a specified period of time.

Intermediate Goods

Products used in the production of final goods or services but not sold directly to consumers.