What is the likely chain of events if asset prices rise?
a. People feel wealthier, so their spending falls and their saving rises, causing interest rates to fall.
b. People feel wealthier, so their spending rises and their saving falls, causing interest rates to rise.
c. People feel poorer, so their spending falls and their saving rises, causing interest rates to fall.
d. People feel wealthier, so their spending rises and their saving rises, causing interest rates to fall.
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Home » Business » What is the likely chain of events if asset prices rise? a. People feel wealthier, so their spending falls and their saving rises, causing interest rates to fall. b.