Multiple Choice
The Paradox of Thrift highlights the idea that
A) saving more is good for the economy in the short run.
B) saving more can be bad for the economy during a recession.
C) in spending more, households will end up saving less.
D) in spending more, workers may end up losing their jobs.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: The actual multiplier effect in the U.S.
Q68: When consumers decide to increase household debt,
Q70: Assume that for the entire business sector
Q71: Which statement about the multiplier is correct?<br>A)If
Q72: The marginal propensity to consume is the
Q74: During the Great Recession of 2007-2009, real
Q77: If the consumption schedule becomes steeper, then
Q85: Assume the economy's consumption and saving schedules
Q150: The investment demand curve will shift to
Q220: Other things equal, if the real interest