The Economy
Do you agree with this assessment that the overall economy will suffer if a household attempt to increase their saving?
An interesting concept called the “Paradox of Thrift” arises when households become concern about their future and attempt to increase their saving. As a consequence of such action the overall economy will suffer. Explain. Do you agree with this assessment?
Your initial discussion posts must be a minimum of 250 words.
Answer preview to the Economy
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