Question #77

Consider this logic: (a) Atoms are not visible to the naked eye; (b) Humans are made up of atoms; (c) Therefore, humans are not visible to the naked eye. This logical flaw is demonstrated in macroeconomics by

• the paradox of thrift.
• the Gold Standard.
• the Government Budget Constraint.

Answer #766

Answer: the paradox of thrift.

Explanation

Please read Balance sheet recessions and democracy for more information or post a comment if you are unsure.