Question: If you edit your initial response (Original Post), you will not get credit for the Original Post. The discussions are set up as Must post

If you edit your initial response (Original Post), you will not get credit for the Original Post. The discussions are set up as "Must post first."

The four articles listed appear in the Week 3 Video & Resources on page 2. If you have not read them yet, please read them now before posting. Hint: Use the questions you must write responses to as reading and note-taking guide.

  • Wait, Is Saving Good or Bad? The Paradox of Thrift by E. Katarina Vermann
  • The Paradox of Thrift by Justin Fox
  • The Paradox of Thrift by Kenneth Davidson
  • Was Keynes Wrong About Saving? by Colin Twiggs

In your initial response to the topic, you have to answer all questions.

  1. What is the paradox of thrift? Is it real? Is saving good or bad?
  2. Give an example of the paradox of thrift.
  3. What is the reverse paradox of thrift?
  4. Reflection: the students should also include a paragraph in the initial response in their own words, using macroeconomic terminology, reflecting on what they learned from the assignment and how they think they could apply what they learned in the workplace or everyday life.

You are expected to contribute to the main topic and respond with value-added comments to at least two of your classmates and your instructor.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!