The paradox of thrift maintains that an economy's desire to save more
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JNU SIS 2018 Question 29: Keynesian cross and the multiplier
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Keynesian cross and the multiplier has come up 167 times in 7 exams since 2006.
What this question tests
This question is on The paradox of thrift, part of Keynesian cross and the multiplier in Macroeconomics.
Why an attempt to save more can leave total saving unchanged or lower income.
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