The Figure Below Shows the Effect of a 2011 Increase $$\text { Billions of } 2011 \text { Doll }$$

question 34

Essay

The figure below shows the effect of a 2011 increase in government purchases on the hypothetical path of real GDP compared to the path of potential GDP (the baseline) between 2011 and 2016. $$\text { Billions of } 2011 \text { Doll }$$ Potential
GDP $$\text { Real GDP }$$ (A) Using the $A D$ cirve and $L A$ line anglysis, expleng what is accurting between 2011 ant $2012 .$
(B) Using the $A D$ curve and $A A$ line analysis, exglain what is accurring between 2012 ant 2014 .
(C) Using the $A D$ curve and $L A$ line malysis, exglanin what is accuring between 2014 and 2016

Understand the concept of market segmentation and its importance in marketing strategy.

Identify different bases for segmenting consumer markets, including demographic, geographic, psychographic, and behavioral factors.

Recognize the usage of demographic segmentation and its effectiveness in targeting specific consumer groups.

Comprehend geographic segmentation and its application in adjusting product offerings based on location.