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The Paradox of Thrift Happens When Many People Save More

question 133

True/False

The paradox of thrift happens when many people save more and spend less, so employment and savings actually decrease.


Definitions:

Ethical

Pertaining to or dealing with morals; concerning the distinction between right and wrong or good and bad behavior.

Opportunities For Employees

The possible prospects or openings within an organization for its workers to advance, learn new skills, or pursue career growth.

Ethisphere Institute

An organization that defines and measures corporate ethical standards, recognizing companies for their ethical business practices.

Most Ethical Company

A designation given to businesses that adhere to high ethical standards in their practices and interactions with employees, customers, and communities.

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