Decline of the personal saving rate

Reference no: EM1368493

During the 1990s, the age cohort that grew the most rapidly was the 45-54 cohort, which has the highest saving rate. Yet during that same period, the personal saving rate as reported by BEA declined sharply. I'm not sure I understand what factors account for this divergence?

Reference no: EM1368493

Questions Cloud

Discuss basic components of the aggregate demand : There are four basic components of the AD curve, Consumption, Government Expenditures, Investment, and Net Exports. Of these 4-components what one of them is currently negative.

Write visual logic program for customer-s bank account : Write a visual logic program to aid balance a customer's bank account. the program must read numeric values that represent banking transactions.

Explain what steps can vivian noble take to recruit : Explain What steps can Vivian Noble take to recruit and develop her new workforce and What other ways can Noble help her company reach out to the community?

Explain what is the major problem facing wallingford : Explain What is the major problem facing Wallingford and List five specific alternative solutions that could be implemented to solve that major problem?

Decline of the personal saving rate : During the 1990s, age cohort that grew the most rapidly was the 45-54 cohort, which has highest saving rate. Yet during that same period,

Classify memory in hierarchy : Classify a memory in hierarchy according to the two most common attributes like accessing method and speed.

Explain what are the implications of an undervalued yuan : Explain What are the implications of an undervalued yuan for China and What policies do the Chinese pursue in order to sterilize the yuan from appreciationary pressures from the market

Declining balance depreciation method : Enrique is considering a trip around the world in three years. He will sell all of his possessions at that to fund trip. Two years ago, he bought a used car for $12,500.

Write grading program to find letter grade from exam score : Write pseudo code based on the analysis. Write a grading program which helps to determine your letter grade based on your exam score.

User Account

All Pages