Q
According to the paradox of thrift increased efforts to save will cause ?
-
A
A. An increase in income and an increase in overall saving
-
B
B. A decrease in income and an overall decrease in saving
-
C
C. A decrease in income but an increase in saving
-
D
D. An increase in income but no overall change in saving
Correct Answer:
B. B. A decrease in income and an overall decrease in saving