Stockman: Savings Rate Going in the Wrong Direction

Stockman: Savings Rate Going in the Wrong Direction

Assessment

Interactive Video

Business

University

Hard

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The video discusses household net worth and savings rates, highlighting that as net worth increases, savings rates tend to decrease. It uses a chart to illustrate these trends, noting significant changes around 2007 and 2005. The discussion includes the impact of financialization and the need for higher savings rates as the baby boomer generation approaches retirement. The video emphasizes the importance of understanding these financial dynamics in the context of national savings.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What trend is observed in the household savings rate since 1980?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does the aging baby boom population have on the savings rate?

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