Consumer sentiment is an economic indicator that measures consumers' degree of optimism regarding the overall state of a

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Consumer sentiment is an economic indicator that measures
consumers' degree of optimism regarding the overall state of a
country's economy and their own financial situation. University of
Michigan’s data released last Friday shows a decrease in the
Consumer Sentiment Index to 59.1 in May compared to 65.2 in April -
the lowest since 2011. According to the Mundell–Fleming model for a
small open economy with perfect capital mobility and floating
exchange rates, a decrease in consumer sentiment will lead to:
no change in income but a rise in net exports.
no change in income or net exports.
a fall in consumption and income.
no change in consumption or income.