Practice Quiz

CLEP Marketing

Category - Concepts

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In an economically depressed region, the buying power of individuals is mostly affected by the following except
  1. Goods
  2. Credit availability
  3. Income
  4. Wealth
  5. Services
Explanation
Answer: B - In an economically depressed region, the buying power of individuals is mostly affected by the following except credit availability. The buying power of individuals depends on the economic conditions in which they live and the resources (such as money, wealth, services, and goods) that they can exchange.
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