Consumer spending
A)Is the smallest spending component.
B)Impacts the aggregate supply curve.
C)Is affected by consumer confidence.
D)Is the same as autonomous saving.

Name: Consumer spending A)Is the smallest spending component. B)Impacts the aggregate supply curve. C)Is affected by consumer confidence. D)Is the same as autonomous saving.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

Consumer spending is influenced by consumer confidence, as higher confidence typically leads to increased spending.

Consumer Spending