Suppose everyone in a small town decided to save more and spend less. How will this affect an economy? (In macroeconomics, this is called the paradox of thrift.) Question 19 options: It will have no impact, since a small town makes up a small portion of an economy. It will decrease the overall level of income, since one person's spending is someone else's income. It will cause the prices of many goods to increase. It will increase the overall level of income, since other groups will spend more