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Author Question: Saving rates tend to ________ during boom times and ________ during recession periods. (Read 79 times)

Awilson837

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Question 1

If the personal saving rate is 5% and personal saving is $10 billion, the value of personal disposable income


◦ is $100 billion.
◦ is $200 billion.
◦ is $500 billion.
◦ cannot be determined from this information.

Question 2

Saving rates tend to ________ during boom times and ________ during recession periods.


◦ rise; rise
◦ rise; fall
◦ fall; rise
◦ fall; fall


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Marked as best answer by Awilson837 on Apr 19, 2019

aloop

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Awilson837

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Reply 2 on: Apr 19, 2019
Excellent


scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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