6. Suppose that investment is fixed, as in Chapter 3. The paradox of saving suggests (increase? that an increase in the desire to save will cause GDP to decrease?)
6. Suppose that investment is fixed, as in Chapter 3. The paradox of saving suggests (increase? that an increase in the desire to save will cause GDP to decrease?)
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter31: The Impacts Of Government Borrowing
Section: Chapter Questions
Problem 17CTQ: Explain how decreased domestic investments that occur due to a budget deficit will affect future...
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