Related to the Economics in Practice on P

question 38

Multiple Choice

Related to the Economics in Practice on p.472: According to the "paradox of thrift," increased efforts to save will cause a(n)

• A)increase in income and an increase in overall saving.
• B)increase in income but no overall change in saving.
• C)decrease in income and an overall decrease in saving.
• D)decrease in income but an increase in saving.

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10 Years

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