The "Paradox of Thrift" Refers to the Understandable Tendency of People

question 89

Multiple Choice

The "paradox of thrift" refers to the understandable tendency of people who are worried about their economic situation to ________ their saving,but in aggregate this behaviour causes a ________ recession.

• A)decrease; more severe
• B)decrease; less severe
• C)increase; more severe
• D)increase; less severe
• E)increase; shorter

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Definitions:

Unconscious Conflicts

Deep-seated internal conflicts often stemming from childhood that influence behaviors and thoughts, unseen by the conscious mind.

Hostility

An antagonistic attitude or action; an unfriendly or warlike disposition.

Transference

The redirection of feelings and desires, especially those unconsciously retained from childhood, toward a new object, often a therapist during psychoanalysis.

Unconscious Mind

A portion of the mind that remains hidden from conscious awareness, yet plays a role in shaping behavior and emotional responses.