Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Regarding the psychological frame of mind of business people and consumers about the future, what is the relationship between optimism, pessimism, and spending activity? Group

Regarding the psychological frame of mind of business people and consumers about the future, what is the relationship between optimism, pessimism, and spending activity?

Group of answer choices

If people are optimistic, there is usually less spending activity.

If people are optimistic, there usually is an increase in spending activity.

If people are pessimistic, there is usually more spending activity.

The optimism or pessimism of people does not impact spending activity.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Economics

Authors: Stephen Smith

6th Edition

0199583587, 9780199583584

More Books

Students also viewed these Economics questions

Question

What is the nature of random structure in proteins?

Answered: 1 week ago

Question

6. How can a message directly influence the interpreter?

Answered: 1 week ago