Solved

Remember the Buying Power Index? Given Bloomington, IN Has

Question 50

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents