________ measures how optimistic or pessimistic people are about the future health of the economy and how they will fare in the future.

Question

Quizplus · Accepted Answer

Consumer confidence measures the degree of optimism or pessimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about the stability of their incomes affects their economic decisions, such as spending activity, and therefore serves as an indicator of the overall economic health.

________ Measures How Optimistic or Pessimistic People Are About the Future