Because Saving Is a Leakage,sudden Additional Saving Results in Higher

question 66

True/False

Because saving is a leakage,sudden additional saving results in higher equilibrium income for society,ceteris paribus.

---

Definitions:

Static Personality

A concept suggesting that an individual's personality traits remain consistent and unchanged over time.

Intimacy Versus Isolation

A stage in Erik Erikson's psychosocial development theory where adults face the challenge of forming close relationships with others versus experiencing loneliness and isolation.

Erik Erikson

was a developmental psychologist known for his theory on the psychological development of humans, emphasizing the impact of societal interactions across eight stages of life.

Generativity Versus Stagnation

A stage in Erikson's psychosocial development theory where middle-aged adults face the challenge of contributing to the next generation or feeling a lack of purpose.