Consumer confidence increases.Instructions: Grab either the AD or AS curve and drag and drop it to a new position to represent the resulting shift in AD or AS.
Question
Solution 1
When consumer confidence increases, consumers are more likely to spend money because they feel that their financial situation is stable or improving. This increased spending stimulates demand for goods and services.
In terms of the Aggregate Demand (AD) and Aggregate Supply (AS) model, an increase Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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