Which of the following is true of a service-based economy?
A. A service-based economy interprets consumer demand as a demand for washing machines, carpets, lights, consumer electronics, and so forth.
B. A service-based economy increases material and energy costs significantly.
C. A service-based economy weakens the production efficiencies.
D. A service-based economy tends to consumers' demands for clothes cleaning, floor covering, illumination, entertainment, and so forth.
Answer: D
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