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Figure 165: Personal Savings Rate (Source: Federal Reserve Economic Data

Question 70

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Figure 16.5: Personal Savings Rate Figure 16.5: Personal Savings Rate (Source: Federal Reserve Economic Data, St. Louis Federal Reserve) -Consider Figure 16.5. A likely explanation for the rise in savings rates beginning in 2007 is the continued strength in stock and housing markets. (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Consider Figure 16.5. A likely explanation for the rise in savings rates beginning in 2007 is the continued strength in stock and housing markets.

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