Question
An interesting paradox called the Paradox of Thrift arises when households become concern about their future and attempt to increase their saving. As a consequence
An interesting paradox called the "Paradox of Thrift" arises when households become concern about their future and attempt to increase their saving. As a consequence of such action the overall economy will suffer.Explain. Do you agree with this assessment?
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Economics of Managerial Decisions
Authors: Roger Blair, Mark Rush
1st edition
134166167, 978-0134166162, 9780134140773 , 978-0133548235
