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Which of the following is true about the paradox of thrift select all that apply Group of answer choices it is a phrase coined by John Maynard Keynes the idea that we

Which of the following is true about the "paradox of thrift"

[select all that apply]

Group of answer choices

a. it is a phrase coined by John Maynard Keynes

b. it's the idea that we'd all be better off if everybody started spending like crazy, but each one of us individually is better off if we save a lot

c. it can keep a recession going for a long time

d. it is a phrase coined by Friedrich Hayek

Feb 06 2020 View more View Less

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