The stock market boom during the 1990s
A) boosted consumption relative to income.
B) depressed the percentage of disposable income saved by households.
C) may explain the behavior of household savings during that decade.
D) All of the above.
D
Economics
You might also like to view...
Describe the Cournot model
What will be an ideal response?
Economics
Suppose the Fed is targeting real GDP. If the interest rate is below its forecast and the Fed is convinced that this is due to commodity demand instability, it will ________ the money supply, which turns out to be exactly the wrong thing to do if the
low interest rate is in fact due to ________ money demand. A) raise, high B) raise, low C) lower, high D) lower, low
Economics