Graphically illustrate and explain what happens to consumer spending when consumers become more optimistic about the future and their expectations rise. Graphically illustrate and explain what happens to consumer spending in response to an increase in the interest rate. Graphically illustrate what happens to consumer spending in response to an increase in consumer income.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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ECON 2: Principles of Macroeconomic Quantitative Reasoning Assignment: Consumer Spending 2 Instructions: Your responses should include detailed flow charts (explanations) and graphical illustrations Graphically illustrate and explain what happens to consumer spending when consumers become more optimistic about the future and their expectations rise. Graphically illustrate and explain what happens to consumer spending in response to an increase in the interest rate. Graphically illustrate what happens to consumer spending in response to an increase in consumer income. 

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