paradox of thrift angličtina

Význam paradox of thrift význam

Co v angličtině znamená paradox of thrift?

paradox of thrift podstatné jméno

— (economics) A paradox of economics, stating that an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving: narrowly speaking, total saving may fall because of individuals' attempts to increase their saving, and, broadly speaking, increase in saving may be harmful to an economy.

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