The saving rate in the United States fell to nearly zero in the early 2000s.One of the contributing factors to this development was the
A) decrease in consumer confidence in the late 1990s.
B) declining real incomes of most American households.
C) increased housing wealth.
D) rising real interest rates in the United States.
Correct Answer:
Verified
Q193: Under a floating exchange rate system with
Q194: Protectionism may reduce imports, and it will
Q195: The worst remedy for curing the U.S.trade
Q196: One unpleasant cure for the U.S.trade deficit
Q197: The government budget deficit must be equal
Q199: Which of the following would be cures
Q200: The trade deficits of the 1980s and
Q201: In the spring of 2002, the United
Q202: The principal reason why Thailand, Indonesia, and
Q203: Explain how and why economic events in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents