Question
Increases in consumer confidence _____ A) increase consumption only when the overall price level decreases in the economy. B) directly increase consumption. C) tend to
A) increase consumption only when the overall price level decreases in the economy.
B) directly increase consumption.
C) tend to increase consumption spending.
D) decrease consumption in direct proportion to the increase in consumer confidence.
E) tend to increase household saving
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Principles Of Macroeconomics
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
13th Global Edition
1292303824, 978-1292303826
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