Multiple Choice
The large increase in household wealth in the United States in the 1990s and early 2000s was the result of:
A) a high saving rate.
B) a low saving rate.
C) large capital gains.
D) high rates of inflation.
Correct Answer:
Verified
Correct Answer:
Verified
Q99: The three broad reasons for saving, as
Q100: The saving rate equals saving divided by:<br>A)wealth.<br>B)assets.<br>C)liabilities.<br>D)income.
Q101: Joe's Taco Hut can purchase a delivery
Q102: Joan purchases a beautiful rug for $25,000.
Q103: An explanation for the low saving rate
Q105: Which of the following is a stock?<br>A)Saving<br>B)Income<br>C)Consumption<br>D)Wealth
Q106: The expected benefit of investment equals:<br>A)private saving.<br>B)the
Q107: Holding other factors constant, if the income
Q108: Net taxes equal the amount that the:<br>A)government
Q109: Chris earns $1,500 per week and spends