Use the Following to Answer Questions

question 47

Multiple Choice

Use the following to answer questions:
Figure: Expanded Circular-Flow Model
-(Figure: Expanded Circular-Flow Model) Look at the figure Expanded Circular-Flow Model. What is the value of net exports?

• A)-$20
• B)$20
• C)$50
• D)$130

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Definitions:

Purchase Manager

An individual responsible for acquiring goods and services for their organization at the best possible price.

Referral Close

a sales strategy where the close is achieved by encouraging the potential customer to make a decision based on the positive experience or recommendation of another satisfied customer.

Greenhouse Equipment

Tools and machinery used in the operation of a greenhouse, including heating, cooling, lighting, and irrigation systems.

Compliment Close

A sales technique where positive feedback or compliments are used to create a good rapport with the potential buyer, often leading to a sale.