An Example of Usage Expansion Advertising Is _____

question 84

Multiple Choice

An example of usage expansion advertising is _____.

• A) a soft drink manufacturer who is the first to introduce a five-liter plastic bottle 
• B) a manufacturer of baking soda promoting a new use for the product 
• C) a retailer who doubles the promotional budget 
• D) a retailer that was using only newspaper advertising expanding into radio advertising 
• E) a gas station advertising that it is open 24 hours a day

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Definitions:

National Output

The total value of all goods and services produced within a country's borders in a given time period.

Stagflation

A period of slow economic growth combined with high unemployment and rising prices (inflation).

Minor Recessions

Brief periods of economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in successive quarters.

Full Employment

Full employment is a situation in an economy where all available labor resources are being used in the most efficient way possible, typically when the unemployment rate is low.