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Having some trouble trying to explain this question. Evaluate how consumer confidence might have impacted the outcomes of your policy decisions for the economy of

Having some trouble trying to explain this question.

Evaluate how consumer confidence might have impacted the outcomes of your policy decisions for the economy of Econland. Why is consumer confidence a relevant factor for making informed macroeconomic decisions?

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Consumption 55 47.1 71.8 79.1 99.7 129.1 159.7 194.3
Government Expenditure 30 15 3.5 3 1 1 1 1
Investment 15 15.2 17.7 17.2 21.3 24 27.5 32.2
Exports 25 25.6 26.1 27.4 28.5 30.2 32.3 34.7
Imports 25 21.4 33 35.2 42.8 52 60.1 68.8
Nominal GDP 100 81.5 86.1 91.4 107.8 132.3 160.4 193.5
Real GDP 100 79.9 95.3 102 110.8 125.1 140.4 159.1

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