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The "Paradox of Thrift" Refers to the Understandable Tendency of People

Question 89

Multiple Choice

The "paradox of thrift" refers to the understandable tendency of people who are worried about their economic situation to ________ their saving,but in aggregate this behaviour causes a ________ recession.


A) decrease; more severe
B) decrease; less severe
C) increase; more severe
D) increase; less severe
E) increase; shorter

Correct Answer:

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