Multiple Choice
Between 1970 and 2008 household consumption ________ of GDP. Over this period, ________ to about ________ of GDP.
A) grew from 63 percent to 70 percent; personal savings rose; 7 percent
B) remained at about two-thirds; personal savings fell; -3 percent
C) shrank as a percentage; personal savings rose; 12 percent
D) grew from 63 percent to 70 percent; household debt rose; 100 percent
E) fell from 66 percent to 63 percent; household debt rose; 70 percent
Correct Answer:
Verified
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