How does consumer confidence interact with public policies when in a recession? How about in a boom? Does it make policies more effective or less effective in achieving economic stability? Why?
Their confidence impacts their economic decisions—like their spending activity, which then allows polices to come into place around the things that are purchased, allowing money to keep coming in while in a recession and have money keep pushing the economy. While in a boom it allows people to be more confident in what they buy and make laws based on what is happening with the economy. I think that the economy is better with policies and makes it effective because when the government can control it they do and that’s through taxes and other stuff pertaining that to where we were before the virus the economy was doing very well we were in a goldy locks economy meaning the polices were doing a good job with the economy
Macroeconomics 