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

CUET Economics

Macro

Hard

If all the people of the economy increase the proportion of income they save, the total value of investment in the economy will not increase, it will either decline or remain unchanged.

If all the people of the economy increase the proportion of income they spend, the total value of savings in the economy will not increase, it will either decline or remain unchanged.

If all the people of the economy decrease the proportion of income they save, the total value of savings in the economy will not increase, it will either decline or remain unchanged.

If all the people of the economy increase the proportion of income they save, the total value of savings in the economy will not increase, it will either decline or remain unchanged

✅ Correct Option: 4

Related questions:

26 May Shift 2

Deficient demand is said to exist in the economy when-

28 May Shift 1

The General Theory of Employment, Interest and Money was published in......... and by .............

2025, Adam Smith.
1935, John Maynard Keynes.
1936, John Maynard Keynes.
1932, David Ricardo.

27 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Final goods market	(I) A + cY
(B) Consumers demand	(II) ΔY/ΔA
(C) Investment multiplier	(III) Ĉ + cY
(D) Linear equation	(IV) a + bX

Choose the correct answer from the options given below:

CUET Economics PYQs

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