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The paradox of thrift implies that: a. the average save rate of 6% of Americans is too low b. the average saving rage of

The paradox of thrift implies that:

 

a. the average save rate of 6% of Americans is too low

b. the average saving rage of 6% of Americans is too high

c. while rate of savings by some citizens is good, higher rate of savings by Americans may reduce aggregate demand

d. Americans should not save at a higher rate than citizens of countries with whom we have high volumes of trade

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