Business
Business, 11.02.2020 19:35, tylermdons

Assume that an increase in consumer confidence raises consumers' expectations of future income and thus the amount they want to consume today for any given level of disposable income. This shift, in a neoclassical economy, will:

(A) lower both investment and the interest rate.
(B) lower investment and raise the interest rate.
(C) raise both investment and the interest rate.
(D) raise investment and lower the interest rate.

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