Asked by
Paneri kansara
on Nov 23, 2024Verified
According to the Conference Board of Canada, one factor that appears to dampen consumer confidence is:
A) exchange rates.
B) increasing gas prices.
C) lowering interest rates.
D) a steady GDP.
Consumer Confidence
A measure of how optimistic or pessimistic consumers are about the overall state of the economy and their personal financial situation.
Exchange Rates
The value of one currency for the purpose of conversion to another, impacting international trade and economics.
Gas Prices
The cost per unit of gasoline, often influenced by factors such as crude oil prices, taxes, supply, and demand.
- Acknowledge the importance of consumer optimism in economic processes.
Verified Answer
HS
Learning Objectives
- Acknowledge the importance of consumer optimism in economic processes.
Related questions
Consumer Confidence Refers to How Sure Consumers Feel About Their ...
Which of the Following Statements Is False ...
If the Market for Durable Goods Is Saturated,most Likely ...
Which of the Following Is NOT Consistent with the Permanent ...
Changes in ________ Have a Psychological Impact on Consumers, Who ...