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One of the AD shifters identified in the chapter is Consumer Expectations. As a consumer of the economy, think about your decisions to save and
One of the AD shifters identified in the chapter is Consumer Expectations. As a consumer of the economy, think about your decisions to save and spend today and in the near future. Visit the websites below. Review the consumer confidence index (CCI) as well as the Consumer Confidence Survey, which illustrates prevailing business conditions and expected developments in the coming months.
- Does your personal assessment and outlook of the economy line up with current nationwide trends in consumer confidence?
- Discuss how changes in consumer attitudes and the CCI might affect consumer spending and the aggregate demand curve.
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