The Paradox of Thrift Is That If Everyone Tries to Save

question 174

True/False

The paradox of thrift is that if everyone tries to save more,in the aggregate they might just save less.

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Definitions:

GABA

A neurotransmitter in the central nervous system that inhibits nerve transmission, leading to calming effects.

Serotonin

A neurotransmitter that contributes to feelings of well-being and happiness, also involved in regulating sleep, appetite, and mood.

Compulsion

A psychological condition where an individual feels the need to perform specific actions repeatedly, often against their will.

Obsession

A persistent and intrusive thought or impulse that causes significant distress or anxiety.