3.1 Briefly explain what a Consumer Confidence Index (CCI) is and how does it work. (4)...
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3.1 Briefly explain what a Consumer Confidence Index (CCI) is and how does it work. (4) 3.2 Explain the process by which supply and demand cause long- and short-term fluctuations in the markets in that way influencing market trends for specific products. 3.3 Speculation and expectation are said to be an integral part of any financial system. Explain how speculation and expectation, or the participant effect, influence market trends. (3) (3) 3.4 Government affects trends mainly through monetary and fiscal policy. Explain the effect of these policies on the economy and how they shape the economy. (4) (14) 3.1 Briefly explain what a Consumer Confidence Index (CCI) is and how does it work. (4) 3.2 Explain the process by which supply and demand cause long- and short-term fluctuations in the markets in that way influencing market trends for specific products. 3.3 Speculation and expectation are said to be an integral part of any financial system. Explain how speculation and expectation, or the participant effect, influence market trends. (3) (3) 3.4 Government affects trends mainly through monetary and fiscal policy. Explain the effect of these policies on the economy and how they shape the economy. (4) (14)
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31 Consumer Confidence Index CCI The Consumer Confidence Index CCI is a measure of consumers optimism or pessimism about the economys future performance It reflects the prevailing sentiment among cons... View the full answer
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