Which of the following statements is correct?
A) Because it is subject to change, and frequently does, consumer and business confidence has only a minimal impact on future economic activity.
B) Because it has historically remained steady, consumer and business confidence has only a minimal impact on future economic activity.
C) Consumer and business confidence is extremely important and can have a great impact on future economic activity.
D) Consumer confidence is extremely important and can have a great impact on future economic activity. The same is not true of business confidence.
Correct Answer:
Verified
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