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

Question 25

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

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