Savings Are Good for a Family

question 70

Multiple Choice

Savings are good for a family.If all families increase savings, the economy is better off.This fallacy of composition is called:

• A)the paradox of time.
• B)the paradox of dissaving.
• C)the paradox of thrift.
• D)the paradox of value.
• E)the paradox of choice.

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Definitions:

Impending Occurrence

An event that is about to happen or is likely to happen shortly.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without needing to be learned.

Biologically Adaptive

Traits or behaviors that increase the survival or reproductive success of organisms within their environmental context.

Predicts

Refers to the act of forecasting future events or outcomes based on patterns or data analysis.