Welcome! You are encouraged to register with the site and login (for free). When you register, you support the site and your question history is saved.
Review: Consumer Confidence Index I
Explanation
The author describes something that happens--a phenomenon.
It's not a paradox, so (A) is out. Nothing tells us that it's recent, so (B) is
out. The author tells us the behavior is irrational, but we get one theory at
most, so (D) is out. And while the author makes a recommendation, he does not
spend much time talking about policies, so (E) is out.
The correct answer is (C).
If you believe you have found an error in this question or explanation, please contact us and include the question title or URL in your message.