A Glitzy Shopping Mall, a Mail-Order Catalog, a Television Shopping

question 119

Multiple Choice

A glitzy shopping mall, a mail-order catalog, a television shopping network, and an e-commerce website are all examples of ________.

• A) marketing concepts
• B) value chains
• C) monopolies
• D) marketplaces
• E) strategic business units

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Definitions:

National Debt

The total amount of money that a country's government has borrowed, usually as a result of spending more than it receives in income.

Trillion

A numerical value representing a thousand billion, or 1,000,000,000,000, commonly used in discussing government budgets, economic indicators, and astronomical distances.

Public Debt

The amount of federal securities outstanding, which represents what the federal government owes (the accumulation of federal deficits minus surpluses over the last two centuries).

GDP

Gross Domestic Product, which is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.