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Author Question: Savings are good for a family. If all families increase savings, the economy is better off. This ... (Read 53 times)

waynest

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on: Jun 30, 2018
Savings are good for a family. If all families increase savings, the economy is better off. This fallacy of composition is called:
 a. the paradox of time.
  b. the paradox of dissaving.
  c. the paradox of thrift.
  d. the paradox of value.
  e. the paradox of choice.

Question 2

If input prices fall, it will lower the cost of production, causing the supply curve to shift to the right.
 a. True
  b. False
  Indicate whether the statement is true or false


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Swizqar

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


waynest

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

epscape

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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