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Real-Time Data Analysis Exercise *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. In this chapter, we discuss

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Real-Time Data Analysis Exercise *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. In this chapter, we discuss household wealth and the decline in wealth and assets in the financial crisis. In this exercise, we will examine recent changes in household wealth as a fraction of people's incomes. Click the following link to view data on household wealth as a percentage of disposable personal income from FRED*. i Compare the latest value for the ratio of wealth to income to the value 4 quarters earlier. % (Round your answer to the nearest By how much (in percentage points) has the ratio of wealth to income risen over the past 4 quarters? tenth of a percentage point, that is, one decimal place) and note that a negative value means the ratio of wealth to income has declined.

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