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Some countries, particularly the United States and Japan, have indicated that these economies need to support consumers by spending their way out of a recession.
Some countries, particularly the United States and Japan, have indicated that these economies need to support consumers by "spending their way out" of a recession. Why should that be the case? How does this apply to the UofM Customer Confidence Index (http:/tinyurl.com/3ss5u2) survey? What do you see as the trends in this measure of confidence? What does the right-hand graph mean for you?
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