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Calculate the value of the government purchases multiplier if the marginal propensity to consume equals 0.8,the tax rate equals 0.2,and the marginal propensity to import equals 0.05.
Administered Vertical Marketing System
A coordinated marketing system managed by a single channel member to achieve efficient distribution.
Wholesaler-sponsored Voluntary Chains
Agreements between independent retailers and wholesalers to engage in bulk buying and standardized selling practices to compete with large chains.
Retailer-sponsored Cooperatives
Retailer-sponsored Cooperatives are groups of independent retailers who collaborate to pool buying power and resources in order to compete with larger chains.
Service-sponsored Retail Systems
Retail setups that are initiated or heavily supported by service providers, often to create direct sales channels for their products or services.
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