An Increase in the Consumer Sentiment Index Indicates That Consumers

question 183

Multiple Choice

An increase in the consumer sentiment index indicates that consumers are

• A) becoming more optimistic about their future income and employment prospects.
• B) becoming less optimistic about their future income and employment prospects.
• C) expecting the inflation rate to rise in the near future.
• D) expecting the inflation rate to fall in the near future.

---

Definitions:

Line

A line is a one-dimensional shape that extends without end in both directions and lacks any thickness.

Points

Specific locations in space or positions on a graph, defined by their coordinates.

Perpendicular

At an angle of 90 degrees to a given line, plane, or surface or to the ground.

Line

A straight one-dimensional figure having no thickness and extending infinitely in both directions, defined by two points in Euclidean geometry.