Chapter 11 Response

Chapter 11 Response

by Karlee Kinnison -
Number of replies: 1

The paradox of Thrift is the idea that when people decide to spend less money it causes the aggregate demand to fall, or when more people decide to save money it can make the entirety of the economy worse.  

In reply to Karlee Kinnison

Re: Chapter 11 Response

by Christian Hammond -
This is true. However when more people save money, they can use it to invest in other things to benefit the economy.
Accessibility
Reset All

Background Colour Background Colour

Font Face Font Face

Font Kerning Font Kerning

Font Size Font Size

1

Image Visibility Image Visibility

Letter Spacing Letter Spacing

0

Line Height Line Height

1.2

Link Highlight Link Highlight

Text Colour Text Colour