Why is consumer confidence important to the business cycle? 1 point A. Consumers who lack confidence work longer hours, increasing productivity
B. Confident consumers purchase more, increasing business profits and employment,
C. Consumers who lack confidence spend recklessly, triggering a speculative bubble,
D. Confident consumers are content with what they have, reducing demand and
inflation

The technique of getting a commitment from a potential customer and then changing the terms of the agreement is best described as low-balling. cognitive dissonance. reciprocal concession. the foot-in-the-door technique. a half-dozen high school students are going to a concert. chantal wants to wear a new colorful outfit that she just received as a gift, but she assumes that her five friends will all be wearing nothing but black leather. chantal decides to do likewise, and leaves her colorful outfit in the closet. chantal’s behavior is an example of conformity. resistance. reciprocation wariness. idiosyncrasy credits.