Which of the Following Is the Best Example of a Consumer

question 139

Multiple Choice

Which of the following is the best example of a consumer using social media to conduct research on a product or service?

• A) Lori posts pictures of herself and her children making a spaghetti dinner with Prego marinara sauce.
• B) Melissa asks her online community for recommendations on the best brand of gluten-free pasta.
• C) Justin watches a video on how to make pasta sauce from fresh tomatoes that he stumbled across in his Facebook feed.
• D) Christopher sees an ad for a half-off-everything sale at his favorite cookware store and commits to buying the pasta machine he's been wanting for years.

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Definitions:

Value of Money

The purchasing power of money, which varies with inflation and economic conditions, indicating how much goods and services money can buy.

Keynesian Economics

An economic theory suggesting that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and stability.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment, serving as a key indicator of labor market health.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.