Which of the following statements is true about the Spending Potential Index?
A) It compares the local average expenditure by product to the national average amount spent.
B) It compares sales predictions based on various retail locations.
C) It is an index that provides retailers who are thinking of expanding into international markets with data on what consumers spend.
D) It compares what retailers spend on real estate in a given market and compares it to the national average.
E) It offers retailers information on property values as well as local tax information so they are better able to compare prior to purchasing.
Correct Answer:
Verified
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