If the stock market continues a steady climb upwards, this ____ consumer confidence and wealth, leading to ____ consumption, and ____ aggregate demand.
A)increases, decreased, increased
B)decreases, decreased, decreased
C)increases, increased, increased
D)increases, increased, decreased

Question

If the stock market continues a steady climb upwards, this ____ consumer confidence and wealth, leading to ____ consumption, and ____ aggregate demand.
A)​increases, decreased, increased
B)​decreases, decreased, decreased
C)​increases, increased, increased
D)​increases, increased, decreased

Quizplus · Accepted Answer

If the stock market continues to climb, it will increase consumer confidence and wealth, as people see their investment gains grow. This increase in confidence and wealth will likely lead to increased consumption, which in turn raises aggregate demand. Therefore, the correct choice is C: increases, increased, increased.

If the Stock Market Continues a Steady Climb Upwards, This