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Use the following graph that shows Personal Savings to answer the following question . Do you think that households increased savings due to the Covid-19

Use the following graph that shows Personal Savings to answer the following question. Do you think that households increased savings due to the Covid-19 pandemic?

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FRED ~ - Personal Saving 7,000 6,000 5,000 4,000 Billions of Dollars 3,000 2,000 1,000 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Source: U.S. Bureau of Economic Analysis

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