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WAEC Marketing 2015 Question 27

Question 27

Marketing Environment

The environmental factor that comprises of inflation, employment income level and interest rate is described as

  1. A.political.
  2. B.economic.
  3. C.legal.
  4. D.social.
Show the answer and explanation

Answer: B (economic.)

Explanation

Inflation, income, employment and interest rates are economic factors.