Consumer sentiment is an economic indicator that measures consumers' degree of optimism regarding the overall state of a
Posted: Thu May 19, 2022 10:07 am
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.
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.