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CBSE Class 12-commerce Answered

What does the paradox of thrift implies?
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
answered-by-expert Expert Answer

Paradox of thrift implies that if all the people of the economy increase the proportion of income they save, then the total volume of savings in the economy will not increase. Total savings will either decrease or remain constant.

Answered by | 18 Apr, 2016, 04:46: PM
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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