Social Studies, 15.02.2021 03:30 renee2870
Why is consumer confidence important to the business cycle? 1 point
A. Consumers who lack confidence work longer hours, increasing productivity
B. Confident consumers purchase more, increasing business profits and employment,
C. Consumers who lack confidence spend recklessly, triggering a speculative bubble,
D. Confident consumers are content with what they have, reducing demand and
inflation
Answers: 1
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Why is consumer confidence important to the business cycle? 1 point
A. Consumers who lack confidenc...
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