Which of the Following Can Be Said About Retailing as an Economic

question 103

Multiple Choice

Which of the following can be said about retailing as an economic activity?

• A)Historically,retailing accounted for a large part of the U.S.economy,but recent figures indicate that retailing's impact has waned.
• B)Retailing's biggest impact can be seen in the amount of spending on clothing and food service items.
• C)Retailing accounts for more than half of the United States' gross domestic product.
• D)There are more retailers than ever,but retail spending has steadily been declining over the past 10 years.
• E)Retailing's effect on the economy has lessened due to the increase in online shopping.

---

Definitions:

mg

Abbreviation for milligram, a unit of mass equal to one thousandth of a gram, often used in medication dosages.

IM

An abbreviation for "intramuscular," referring to a medication delivery method through injection directly into the muscle.

Needle Gauge

A measurement of the diameter of a needle, with higher gauge numbers indicating thinner needles.

Diameter

A straight line passing from side to side through the center of a body or figure, especially a circle or sphere, representing its widest part.