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Question by : If all the households and companies in the economy commence saving far more during the economic tough times...?
If all the households and organizations in the economic climate start saving a lot more in the course of the financial difficult times, that outcomes in a fall in aggregate revenue hurting everybody in the economic climate. This is identified as:
a.) the quantity theory
b.) the crowding out theory
c.) the paradox of thrift
d.) the
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