Question: content area top Part 1 An economy's saving rate increased from minus0.1 percent in 2015 to 2.0 percent in 2016 to 2.4 percent in 2017,
content area top Part 1 An economy's saving rate increased from minus0.1 percent in 2015 to 2.0 percent in 2016 to 2.4 percent in 2017, to 2.9 percent in 2018, and to 3.0 percent in 2019. Explain why the saving rate might have increased and its effect on the supply of loanable funds. Question content area bottom Part 1 The saving rate might have increased because _______. The increase in the saving rate will _______ the supply of loanable funds. A. the demand for loanable funds could have decreased; decrease B. financial market turmoil could decrease wealth and expected future income; decrease C. financial market turmoil could decrease wealth and expected future income; increase D. financial market turmoil always increases wealth and expected future income; increase E. the demand for loanable funds could have decreased; increase
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