Which of the Four Types of Decision Makers in the U.S.economy

question 23

Multiple Choice

Which of the four types of decision makers in the U.S.economy plays the largest role?

• A)U.S.firms and government because they produce the products that households consume
• B)U.S.households because they supply goods to the product markets and are demanders in resource markets
• C)foreign households, firms, and governments because they greatly outnumber those of the United States
• D)U.S.firms and government because they create employment for domestic households and produce goods and services
• E)U.S.households, as buyers in product markets and sellers in resource markets

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Definitions:

Marketing Plan

A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for the coming period.

Marketing Mix

A combination of factors that can be controlled by a company to influence consumers to purchase its products, typically identified as product, price, place, and promotion.

Cause Marketing

A strategy used by businesses to increase profitability by promoting social causes that resonate with their target audience, often leading to enhanced brand loyalty and community support.

Social Concern

An issue that is considered significant and impactful to society as a whole, often relating to welfare, health, or justice.