Recent Data on Consumer Expenditures Indicate That the Savings Rate

question 189

Multiple Choice

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

• A)declined to 13 percent.
• B)remained flat at 0.5 percent.
• C)fluctuated minimally around 2 percent.
• D)risen to 5.5 percent.
• E)exploded to nearly 10 percent.

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Definitions:

Population Trend

The general pattern of change in a population’s size, distribution, and composition over time, influenced by factors like birth and death rates.

Decreasing Population

A demographic trend where the number of individuals in a population lowers over time.

Fecal Snow

Particulate organic material that falls from upper layers of the ocean down to the deep sea, resembling snow.

Urban Centres

Heavily populated areas that are the focal point for commerce, culture, and government activity.