When Consumer Expectations Are Low Based on How They Respond

Multiple Choice

When consumer expectations are low based on how they respond to the question,"Looking ahead,do you think that a year from now you will be better off financially,worse off or just about the same as now?" from the Index of Consumer Sentiment conducted by the Survey Research Center at the University of Michigan,economic conditions are MOST LIKELY to be __________ in the near future?

A) booming
B) recessionary
C) at full employment (i.e.unemployment is projected to be ≤ 5%)
D) hyperinflationary
E) static