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True or False: Pessimism about the future of the economy exerts a positive effect on the speed and strength of the recovery. Investors and consumers
True or False: Pessimism about the future of the economy exerts a positive effect on the speed and strength of the recovery. Investors and consumers save more by cutting back on their current spending to avoid overextending themselves. This leads to an increase in aggregate demand, shifting the AD curve to the right
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