Recently, a top economist to the Federal Reserve bank predicted that market conditions would be favorable with low levels of inflation and low unemployment rates. Which of the following might be a response by marketers to this economic forecast?

Question

Quizplus · Accepted Answer

Marketers might increase promotional efforts in response to favorable economic forecasts, as low levels of inflation and unemployment suggest consumers will have more disposable income, potentially leading to higher demand for products and services.

Recently, a Top Economist to the Federal Reserve Bank Predicted