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Recent Data on Consumer Expenditures Indicate That the Savings Rate

Question 189

Multiple Choice

Recent data on consumer expenditures indicate that the savings rate of U.S.consumers has


A) declined to 13 percent.
B) remained flat at 0.5 percent.
C) fluctuated minimally around 2 percent.
D) risen to 5.5 percent.
E) exploded to nearly 10 percent.

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