Which of the Following Statements About Culture as an Influence

question 136

Multiple Choice

Which of the following statements about culture as an influence on consumer buying behaviour is true?

• A)a subculture has minimal influence.
• B)the Internet increases cultural heterogeneity.
• C)Language is an important aspect of culture.
• D)Core values remain the same for all cultures.

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Definitions:

Reserves

Assets held by financial institutions or central banks as a requirement or for ensuring liquidity in times of need, including cash, deposits, or securities.

Money Supply

The Money Supply is the total amount of monetary assets available in an economy at any specific time, including cash, coins, and balances held in checking and savings accounts.

Interest Rates

The expense incurred when taking out a loan, usually shown as a percent of the total amount loaned.

Federal Funds Market

A U.S. financial market allowing banks to borrow and lend excess reserves to each other, usually overnight, at an interest rate called the federal funds rate.