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14 November, 12:33

Advertising increases levels of consumer purchase of specific brands which in turn affects gross domestic product. T/F

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Answers (2)
  1. 14 November, 13:05
    0
    The correct answer is False.

    Explanation:

    Advertising really tries to increase the purchase levels of products and services, not specific brands. Therefore, this statement is false considering that although all economic transactions affect GDP (positively or negatively), the advertising function is not aligned with its duty.
  2. 14 November, 14:34
    0
    True

    Explanation:

    Advertisement is the soul of any business. It makes consumers to be aware of your specific brand and convince them on the essence and benefits of patronising the specific brand. As no business or services can grow without advertisemet, it convince more consumers to patronise your brand and affect the gross domestic product positively.
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