What role does household and firms confidence play in business cycles?

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What role does household and firms’ confidence play in business cycles?

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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Question Posted: Apr 26, 2024 02:01 AM

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What role does household and firms confidence play in business cycles?

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Household and firms confidence play a significant role in business cycles Confidence refers to the subjective belief and expectation of households and firms regarding the future state of the economy a...View the full answer

Economics

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