The paradox of thrift highlights:
A) the role of investment in the macroeconomy.
B) how individual decisions to save more may worsen a recession.
C) how an increase in spending occurs during recessions.
D) irrational behavior on the part of households.
Correct Answer:
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Q142: During a recession, one will often observe:
A)rising
Q143: One normally expects that unemployment increases while
Q144: Fiscal policy entails:
A)setting the money supply.
B)setting levels
Q145: During the Great Depression, unemployment rates reached
Q146: Keynesians argue that low levels of spending:
A)are
Q148: A contraction in the business cycle is:
A)the
Q149: Fiscal and monetary policies:
A)have no role in
Q150: In macroeconomics:
A)aggregate data such as real GDP,
Q151: The United States imports coffee from Brazil
Q152: Setting government spending and taxes in an
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