The Paradox of Thrift Occurs When

question 52

Multiple Choice

The paradox of thrift occurs when:

• A)an increase in saving raises output.
• B)an increase in saving reduces output.
• C)saving is unrelated to output.
• D)a decrease in saving reduces output.

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Definitions:

Precipitation

Any form of water - liquid or solid - falling from the sky, including rain, snow, sleet, and hail.

Linear Relationship

A type of association where a change in one variable is directly proportional to a change in another variable.

Precipitation

Any form of water, liquid or solid, falling from the atmosphere, such as rain, snow, sleet, or hail.

Malaria

A life-threatening disease caused by parasites that are transmitted to people through the bites of infected female Anopheles mosquitoes.