(Consider This) Part of the wealth effect of a $3. 7 trillion decline in stock values between March 2000 and July 2002 was offset by rising:
A)tax rates.
B. interest rates.
C. house values.
D. expectations of future income.
Answer:C
(Consider This) Part of the wealth effect of a $3. 7 trillion decline in stock values between March 2000 and July 2002 was offset by rising:
A)tax rates. B. interest rates. C. house values. D. expectations of future income.