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Recent Data on Consumer Expenditures Indicate That the Savings Rate

Question 31

Multiple Choice

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


A) declined by 6 percent.
B) remained flat at 0 percent.
C) fluctuated minimally around 2 percent.
D) risen to 5.8 percent.
E) exploded to nearly 10 percent.

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