Which of the Following Is Correct

question 40

Multiple Choice

Which of the following is correct?

• A)In the national income accounts,investment and private saving refer to the same thing.
• B)In a closed economy if national saving is greater than zero,then everyone must be saving.
• C)The financial system channels funds from savers to borrowers.
• D)People whose consumption exceeds their income are savers.

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Definitions:

Product Development

The complete process of bringing a new product or service to market, from initial concept through design, manufacturing, and launch.

Market Segmentation

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors who might require separate products or marketing strategies.

Prospective Buyers

Individuals or entities showing interest in purchasing a product or service, being considered potential customers by sellers.

Marketing Action

Any strategy or activity undertaken by a company to promote its products or services and achieve its marketing objectives.