Which of the Following Statements About the Sale of Property

question 38

Multiple Choice

Which of the following statements about the sale of property and liability insurance through the direct response system is (are) true?
I.Selling expenses are higher because market segmentation tends to be less precise than with other marketing methods.
II.It is the most appropriate system for selling complex products.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Macroeconomic Policy

Strategies and actions taken by a government or central bank to regulate and control the economy as a whole, including fiscal and monetary policies.

Full Employment

When a society’s resources are all being used with maximum efficiency.

Monetarists

Monetarists believe in controlling the supply of money as a method for regulating the economy and combating inflation.

National Income

A measure of the total value of all goods and services produced by a country over a specific period, typically adjusted for net income from foreign investments.