Economics

Topic 1: 225 words with references

What is the paradox of thrift? Is it real? Is Saving Good or Bad?

Give an example of the paradox of thrift.

What is the reverse paradox of thrift?

Reflection – the students also should include a paragraph in the initial response in their own words, using macroeconomic terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.