Question
According to the Paradox of Thrift, if U.S. households increase their saving in 2021, the likely result would be: a decline in unemployment a decline
According to the Paradox of Thrift, if U.S. households increase their saving in 2021, the likely result would be:
a decline in unemployment
a decline in GDP
an increase in imports
an increase in interest rates
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
