Paradox of Thrift

What are the basic objectives of monetary policy?

What are the basic objectives of monetary policy? Q5.Paradox of Thrift 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? Q6.Objective of Monetary Policy … Read more