Saving rates tend to ________ during boom times and ________ during recession periods.
A) rise; rise
B) rise; fall
C) fall; rise
D) fall; fall

Question

Quizplus · Accepted Answer

During boom times, people tend to spend more and save less, which leads to a fall in saving rates. On the other hand, during recession periods, people tend to cut back on spending and save more, leading to a rise in saving rates.

Saving Rates Tend to ________ During Boom Times and ________

Saving Rates Tend to During Boom Times and