Remember the Buying Power Index? Given Bloomington, IN has .00015% of the U.S. retail sales but only .0002% of the U.S. population, we can conclude the following:
A) People are most likely driving in from smaller surrounding areas to shop in Bloomington.
B) The disposable personal income in Bloomington is well above the national average.
C) It is unlikely that people are driving from surrounding communities to shop in Bloomington.
D) Bloomington's percentage of U.S. retail sales multiplied by its percentage of the U.S. population determines its buying power index.
E) none of the above.
Correct Answer:
Verified
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