Sarah opened a shoe shop in Los Angeles, California to sell the shoes she designs. Which of the following statements is an examp
le of cultural diffusion related to Sarah's business? 1. First-year profits for Sarah's Shoe Shop were 50 percent higher than predicted. 2. Sarah's Shoe Shop signed a new local advertising deal to increase brand awareness.
3. Sarah's shoe designs became very popular and her business expanded to neighbouring states.
4. While on vacation in England, Sarah saw a woman wearing an attractive brand of shoes.
The Federal Reserve System is in charge of monetary policy, such as setting interest rates. Fiscal and tax policies are determined by the legislative branch of government.
