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Pessimism
Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of confidence in policymakers, people become pessimistic regarding the future and retain that level of pessimism for some time.
-Refer to Stock Market Boom 2015.In the short run what happens to the price level and real GDP?
Geographic Segmentation
Dividing a market into different geographical units like regions, states, cities, or neighborhoods to tailor marketing strategies accordingly.
City Size
The specific dimension or scale of an urban area, usually measured by its population or geographical area.
Marketing Action
Specific steps or initiatives undertaken by a company to promote its products or services to its target market.
Revenues
The income that a business receives from its normal business activities, typically from the sale of goods and services to customers.
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