When Consumers Are Optimistic About the Overall State of the Economy

question 65

Short Answer

When consumers are optimistic about the overall state of the economy, their consumer ______will be high and they will tend to purchase more.

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Definitions:

Alarm Stage

The initial reaction of the body to stress, activating the fight or flight response as part of the general adaptation syndrome.

Exhaustion Stage

The exhaustion stage is the final phase of the stress response, where the body's ability to resist stressors diminishes significantly after prolonged exposure, leading to depletion of energy and possible health deterioration.

Stress

A physical, mental, or emotional factor causing bodily or mental tension, stemming from any event or thought that makes one feel frustrated, angry, or nervous.

Psychological State

An individual's current mental condition, including their feelings, thoughts, and emotions, which can be influenced by various factors and may fluctuate.