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Multiple part true/false: There is no paradox of savings (of thrift) in the medi

ID: 1097470 • Letter: M

Question

Multiple part true/false:
There is no paradox of savings (of thrift) in the medium run.
Even in a liquidity trap, wage and price deflation will stimulate production and therefore real income
also, if China's capital account surplus was 300 billion yuan in 2013, was its capital account a surplus or deficit Multiple part true/false:
There is no paradox of savings (of thrift) in the medium run.
Even in a liquidity trap, wage and price deflation will stimulate production and therefore real income
also, if China's capital account surplus was 300 billion yuan in 2013, was its capital account a surplus or deficit
There is no paradox of savings (of thrift) in the medium run.
Even in a liquidity trap, wage and price deflation will stimulate production and therefore real income
also, if China's capital account surplus was 300 billion yuan in 2013, was its capital account a surplus or deficit

Explanation / Answer

There is no paradox of savings (of thrift) in the medium run-------.true

Even in a liquidity trap, wage and price deflation will stimulate production and therefore real income----true

also, if China's capital account surplus was 300 billion yuan in 2013, was its capital account a surplus or defici---------false: