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Read the articles: Wait, Is Saving Good or Bad? The Paradox of Thriftby E. Katarina Vermann - https://research.stlouisfed.org/publications/page1-econ/2012/05/01/wait-is-saving-good-or-bad-the-paradox-of-thrift/ Interest Rates, Aggregate Demand, and the Paradox

Read the articles:

Wait, Is Saving Good or Bad? The Paradox of Thriftby E. Katarina Vermann - https://research.stlouisfed.org/publications/page1-econ/2012/05/01/wait-is-saving-good-or-bad-the-paradox-of-thrift/

Interest Rates, Aggregate Demand, and the Paradox of Thriftby Muddy Water Macro - http://muddywatermacro.wustl.edu/interest-rates-aggregate-demand-paradox-of-thrift

The Paradox of Thriftby Justin Fox - https://eds-b-ebscohost-com.ezproxy.umuc.edu/eds/detail/detail?vid=0&sid=94c28482-056a-4e8f-b281-61d054fc9411%40pdc-v-sessmgr05&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ%3d%3d#AN=36549436&db=heh

The Paradox of Thriftby Kenneth Davidson - https://eds-b-ebscohost-com.ezproxy.umuc.edu/eds/pdfviewer/pdfviewer?vid=1&sid=eb3734ab-0685-4dfa-bcbf-6d4136c9d256%40pdc-v-sessmgr06

Was Keynes Wrong About Saving?by Colin Twiggs - https://eds-b-ebscohost-com.ezproxy.umuc.edu/eds/pdfviewer/pdfviewer?vid=1&sid=524e6181-a3fa-4f0a-ad0b-6cf1ec922b5f%40pdc-v-sessmgr03

In your initial response to the topic you have to answerallquestions.

  1. What is the paradox of thrift? Is it real? Is Saving Good or Bad?
  2. Give an example of the paradox of thrift.
  3. What is thereverse paradox of thrift?
  4. Reflection -include a paragraph, using macroeconomic terminology,reflecting on specifically what learned from the assignment and how it could apply in accounting

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