CUET Economics - The Paradox of Thrift means : | PYQs + Solutions

CUET Economics

Macro

Easy

If all the people in economy increase the savings of their income, total value of savings doesn't increase, it will either decline or remain unchanged

MPS will decrease

Aggregate demand will increase

Aggregate supply will increase

✅ Correct Option: 1

Related questions:

15 May Shift 1

Which of the following statement is true?

CUET Economics 2022 Slot 4

Given the following set of data calculate equilibrium income.

C = 100 + 0.8 y.

Investment = Rs. 260 Cr.

15 May Shift 1

In the excess demand condition, which of the following measures may be adopted in the economy to control it?

(A) Increase in repo rate.

(B) Decrease in reverse repo rate.

(D) Increase in subsidies.

Choose the correct answer from the options given below:

CUET Economics PYQs

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