3. Explain the paradox of thrift. Was Ben Franklin wrong to sanctify savings? Is saving necessary for

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3. Explain the paradox of thrift. Was Ben Franklin wrong to sanctify savings? Is saving necessary for investment and economic growth? Should we try to save more or less next year? Why?

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Macroeconomics Private And Public Choice

ISBN: 9780123110701

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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