subject
English, 15.01.2021 02:00 nikkio4

Select the correct texts In the passage. Which detail best supports the inference that Americans are remaining steadfast in their pursuit of consumerism?
adapted from Prerecession Trends
Bureau of Labor Statistics
Leading up to the 2007-2009 recession, consumer spending as a percentage of Gross Domestic Product had risen for 40 years. Personal
consumption expenditures (PCE) growth also outpaced general economic expansion. Consumers bought increasingly more services, and the
composition of PCE shifted over time with rising in-kind social benefits and third-party contributions towards health insurance and workers'
compensation. As a result, the percentage of PCE stemming from direct household expenditures declined from 84.5 percent in 1960 to 67.6
percent in 2006.
The late 1990s saw a surge in spending as Americans bought new technologin. and globalization ushered in less expensive Imports. Economic
growth, rising home values and equity, easy credit, and declining personal savings rates also prompted higher consumer spending. In addition,
baby boomers reached their highest earning years. The 2001 recession briefly tempered consumer spending, but growth rates rose again as
Americans spent more on durable household items, new technology, and vehicles as the housing bubble peaked in 2005.


Select the correct texts In the passage.

Which detail best supports the in

ansver
Answers: 1

Another question on English

question
English, 21.06.2019 21:50
In 150 words, explain what northup (in twelve years a slave) could have done to prevent being kidnapped by hamilton and brown.
Answers: 3
question
English, 22.06.2019 03:00
In this excerpt from "a modest proposal" by jonathan swift, which important issue does the writer deal with using a satirical tone? some persons of a desponding spirit are in great concern about that vast number of poor people, who are aged, diseased, or maimed; and i have been desired to employ my thoughts what course may be taken, to ease the nation of so grievous an incumbrance. but i am not in the least pain upon that matter, because it is very well known, that they are every day dying, and rotting, by cold and famine, and filth, and vermin, as fast as can be reasonably expected. and as to the young labourers, they are now in almost as hopeful a condition. they cannot get work, and consequently pine away from want of nourishment, to a degree, that if at any time they are accidentally hired to common labour, they have not strength to perform it, and thus the country and themselves are happily delivered from the evils to come. a. old, sickly people cannot be hired as laborers because they don't have the physical stamina required for the job. b. old, sickly people and young laborers are useless to the nation because they cannot be productive citizens. c. the economy of the nation is burdened by the poor, the old, and the sickly who survive on charity and handouts. d. the living conditions of the poor and their lack of employment opportunities are serious concerns for the nation. reset next
Answers: 2
question
English, 22.06.2019 05:30
Is the book the outsiders a realistic story? plz explain. asap!
Answers: 1
question
English, 22.06.2019 06:50
What is included in the body of a business letter ?
Answers: 1
You know the right answer?
Select the correct texts In the passage. Which detail best supports the inference that Americans ar...
Questions
question
Mathematics, 29.01.2021 06:20
question
English, 29.01.2021 06:20
question
Mathematics, 29.01.2021 06:30
Questions on the website: 13722361