Paradox of savings in the medium run

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Reference no: EM13696777

Multiple parts 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

Reference no: EM13696777

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