Question
1. Penny Larson is buying a $100.00 restaurant gift card as a present for her niece who is graduating from hospitality management school. Which of
1. Penny Larson is buying a $100.00 restaurant gift card as a present for her niece who is graduating from hospitality management school. Which of economist Milton Friedmans buyer value formulas would apply to her purchase?
- A. Spending someone elses money on someone else
- B. Spending her own money on herself
- C. Spending her own money on someone else
- D. Spending someone elses money on herself
2. Penny Larson is a travel agent arranging a one-week San Francisco vacation for Mr. and Mrs. Rafael Ochoa. Which of economist Milton Friedmans buyer value formulas would apply to her purchase of the hotel rooms the Ochoas will need during their trip?
- A. Spending someone elses money on someone else
- B. Spending her own money on herself
- C. Spending her own money on someone else
- D. Spending someone elses money on herself
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Financial Planning & Analysis And Performance Management
Authors: Jack Alexander
1st Edition
1119491487, 9781119491484
