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alex41 [277]
3 years ago
8

What does Increasing consumer confidence do?

Social Studies
2 answers:
Phoenix [80]3 years ago
6 0

Answer:

It measures how confident consumers are about the overall state of the economy. ... Their confidence impacts their economic decisions—like their spending activity. As a result, consumer confidence is a key indicator for the overall shape of the economy. Consumer confidence usually increases when the economy expands.

Explanation:

PLZ MARK BRAINLIEST!!!!

Pani-rosa [81]3 years ago
4 0

Answer:

Consumer confidence is an economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. ... Consumer confidence typically increases when the economy expands, and decreases when the economy contracts.

Explanation: :)

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