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An interesting paradox called the “Paradox of Thrift” arises when households become concern about their future and attempt to increase their saving.   As a consequence of such action the overall economy will suffer. Explain.  Do you agree with this assessment? 
  

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      Macroeconomic

      An interesting paradox called the “Paradox of Thrift” ariseswhen households become concern about their future and attempt to increase their saving. As a consequence of such action …

    • An interesting paradox called the “Paradox of Thrift” arises when households become concern about their future and attempt to increase their saving. As a consequence of such action the …

    • An interesting paradox called the “Paradox of Thrift” ariseswhen households become concern about their future and attempt to increase their saving. As a consequence of such action …