1143EconomicsMedium
According to the paradox of thrift increased efforts to save will cause?
Aan increase in income and an increase in overall saving
Ba decrease in income but an increase in saving
Can increase in income but no overall change in saving
Da decrease in income and an overall decrease in saving
Correct answer
D. a decrease in income and an overall decrease in saving
Explanation
The correct answer is a decrease in income and an overall decrease in saving.