Which of the Following Statements Regarding Online Consumers Is Most

question 230

Multiple Choice

Which of the following statements regarding online consumers is most accurate?

• A)With the exception of the setting used to make the exchange (online versus retail store),the profile of an online customer is almost identical to the traditional shopper.
• B)Although online shopping and buying is popular,a small percentage of online consumers still account for a disproportionate share of online retail sales in the United States.
• C)The group most likely to use the Internet to make purchases is comprised of educated males between the ages of 25 and 40.
• D)Although growing in total sales revenues,the percentage of online sales is actually beginning to decline due to the downturn in the economy.
• E)Many people are "put off" by the difficulty in navigating many new websites-the numerous steps needed to make an online purchase; they want to simply "point and click" and be done with it.

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Definitions:

Monetary Multiplier

A factor by which a change in money supply is magnified or multiplied to result in a change in national income and output.

Actual Reserves

The total amount of funds that a bank has in its vault or deposited with the central bank, available to meet withdrawal demands or regulatory requirements.

Federal Reserve Banks

The regional banks of the Federal Reserve System, the central bank of the United States, which regulate and serve banks, execute monetary policy, and provide financial services.

Privately Owned

Businesses or properties owned by individuals or corporations rather than by the government or public entities.