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

question 71

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Because saving is a leakage,sudden additional saving results in higher equilibrium income for society,ceteris paribus.
Additional saving actually leads to lower equilibrium income because saving is not spent and therefore creates no immediate income.This is sometimes called the paradox of thrift.


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Organization's Values

Fundamental beliefs and principles that guide an organization's actions and decisions, shaping its culture and goals.

Culture Of Learning

An organizational culture that promotes continuous personal and professional development among its members.

Implementing Change

The act of executing strategies and actions to make alterations in an organizational process, culture, or structure.

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Core beliefs or principles that are deeply ingrained in an organization's culture and guide its operations and decision-making processes.

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