Savings are good for a family. If all families increase savings, ...

[waynest]

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

[Swizqar]

Answer to Question 1

c

Answer to Question 2

True

[waynest]

Great answer, keep it coming

[mohan]

Thanks for the timely response, appreciate it