What Is the Likely Chain of Events If Asset Prices

Multiple Choice

What is the likely chain of events if asset prices rise?

A) People feel poorer, so their spending falls and their saving rises, causing interest rates to fall.
B) People feel wealthier, so their spending falls and their saving rises, causing interest rates to fall.
C) People feel wealthier, so their spending and their saving rises, causing interest rates to fall.
D) People feel wealthier, so their spending rises and their saving falls, causing interest rates to rise.