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Refer to the Following Figure When Answering the Following Questions

question 77

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Refer to the following figure when answering the following questions.
Figure 16.5: U.S. Household Net Worth Refer to the following figure when answering the following questions. Figure 16.5: U.S. Household Net Worth   -Based on Figure 16.5, consumption ________ between roughly 2004 and 2007, which was likely due To ________. A)  rose; a rise in precautionary savings B)  fell; worries about inflation C)  fell; a decline in interest rates D)  rose; the rise in wealth E)  was unchanged; consumption smoothing
-Based on Figure 16.5, consumption ________ between roughly 2004 and 2007, which was likely due
To ________.


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