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

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



a. declined by 6 percent.
b. exploded to nearly 10 percent.
c. fluctuated minimally around 2 percent.
d. risen to 5.8 percent.
e. remained flat at 0.5 percent.


Answer: d. risen to 5.8 percent


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