In 2016,savings rates in Japan,Germany,Denmark,Sweden,and Switzerland
A) were at their lowest level since 1995, indicating that negative interest rates were not increasing consumer spending.
B) were at their lowest level since 1995, indicating that negative interest rates were, indeed, increasing consumer spending.
C) were at their highest level since 1995, indicating that negative interest rates were not increasing consumer spending.
D) were at their highest level since 1995, indicating that negative interest rates were, indeed, increasing consumer spending.

Question

Quizplus · Accepted Answer

In 2016, savings rates in these countries were at their highest level since 1995, suggesting that negative interest rates were not effectively encouraging consumer spending.

In 2016,savings Rates in Japan,Germany,Denmark,Sweden,and Switzerland