Multiple Choice
In the United States,households were saving about ________ of their income in the mid 1980s,and by 2005,saving ________.
A) 5 percent; increased to 25 percent
B) 10 percent; dropped to about 1 percent.
C) 2 percent; dropped to negative 15 percent.
D) 64 percent; increased to 70 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: During a business cycle expansion,total production _
Q50: Statistics on real GDP during World War
Q122: Table 19-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2849/.jpg" alt="Table 19-10
Q128: Suppose that nominal GDP in 2011 was
Q144: Real GDP is GDP in a given
Q147: Is nominal GDP measured in terms of
Q155: Which of the following is likely to
Q188: Increases in real GDP would overstate the
Q206: Table 19-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Table 19-5
Q210: The underground economy-the informal sector-can be a