In Forecasting Consumer Spending Using Surveys of Consumer Confidence,research Suggests

question 108

Multiple Choice

In forecasting consumer spending using surveys of consumer confidence,research suggests that

• A)the forecasts are improved when using consumer confidence measures.
• B)the forecasts are not improved when using consumer confidence measures.
• C)the forecasts are improved when using consumer confidence measures for forecasts made during recessions, but not expansions.
• D)the forecasts are not improved when using consumer confidence measures for forecasts made during expansions, but not recessions.

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