What Is One Reason That the Index of Consumer Confidence

What is one reason that the Index of Consumer Confidence is politically significant?

A) It is slowly going bankrupt,but no politician will touch it.
B) It predicts how well the dollar will do against other key currencies,such as the Euro.
C) It can lead politicians to raise or lower key interest rates.
D) It indicates which party will likely win the election.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free