Survey measures of consumer confidence

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Reference no: EM138931

Q. This is a "drag-and-drop" question. Click on the curves below and drag them to a new location on the graph that will depict the change being described.

Suppose that survey measures of consumer confidence indicate a wave of pessimism is sweeping the country.

Assuming the policymakers do nothing, use the diagram below to show the effects of the consumer pessimism on aggregate demand.

Reference no: EM138931

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