If Consumers Suddenly Became More Optimistic ________

question 57

Multiple Choice

If consumers suddenly became more optimistic ________.

• A)they would spend more at any given inflation rate
• B)planned expenditures would decline
• C)the aggregate demand curve would shift to the left
• D)all of the above
• E)none of the above

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Definitions:

Group Cohesiveness

The extent to which members of a group are attracted to each other and are motivated to stay in the group, which affects the group's performance.

Performance Success

The degree to which an individual or organization achieves its objectives and meets expected standards of excellence.

Crisis

A critical or tumultuous situation that requires a decisive response.

Performance Norms

The accepted standards or expectations of performance within a group or organization.