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Q: Offer an explanation for the paradox of the Recessional?
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What is macroeconomics paradox?

The macroeconomic paradoxes are Wage-cut and Employment,Paradox of saving, Higher Taxation-Assures Economic Growth,Higher Wages lead to Reduction of Profit and Paradox of higher Wages.


What is an adverb for recession?

Recession is a noun. It has an adjective form recessional and an adverb recessionally (which refers to the manner). There is a related adverb "recessive" (not dominant) which has the adverb form recessively.


What is the paradoxical demand curve?

Paradoxical demand curve is a theory that the slope of a product will change a different times. This is called Griffin's Paradox.


What is diamond-water paradox in economics?

The diamond-water paradox in economics is the statement that water, which is essential to all life is offered at a lower price but diamonds, which are not essential for all life, is offered at a much higher price. It is simply the statement that something that has more utility costs less than something with less utility that costs more.


What do you mean by micro and macro paradox?

Paradox refers to those truths with are seems to be delighting and fruitful at a small level but are harmful for economic environment, when its results are concerned at level of economy as a whole. Micro-Macro Paradox means those activities or actions that seems to be fruitful at Microeconomic level but are harmful at macroeconomic level.This is explained by example- At micro level activity of savings from income of a person is encouraged, that means more money and financial strength of individuals, but simultaneously at macro level if everybody tends to save from their incomes in an economy, this may discourage investments, no investments means no risk taking in different productive activities, automatically no production, no income generation, this results in shrinking of individual savings, it is also said that more savings means lower income generation, worse conditions may also results in economic depressions. Hence this is Micro-Macro Paradox.

Related questions

What is your explanation of a paradox?

A paradox is a statement or situation that seems contradictory or goes against common sense, but may actually be true upon closer examination. It presents a logical puzzle that challenges our understanding of a concept by creating apparent inconsistencies that defy straightforward explanation.


When was Recessional - novel - created?

Recessional - novel - was created in 1994.


When was Recessional - poem - created?

Recessional - poem - was created in 1897.


How many pages does Recessional - novel - have?

Recessional - novel - has 484 pages.


When was Olber's Paradox popularised?

References to what is now known as Olbers' Paradox date back to the 1500s. This paradox has come up periodically in history. In 1929, Edwin Hubble discovered that the universe is expanding, which offers an explanation to the paradox. Prior to this, any hypotheses were quickly dismissed.


What is the ISBN of Recessional novel?

The ISBN of Recessional - novel - is 0-679-43612-X.


What recessional music played at diana's wedding?

The recessional music was Walton's Crown Imperial.


What is the Tagalog word for recessional?

The Tagalog word for recessional is "paglalakad palabas" or "paglabas."


What explanation does gertrude offer to polonius murder?

She said a simple explanation: Hamlet is insane.


Who sang the song last Christmas?

In my church, JOy to the World! was the traditional, and wide-open recessional number- indeed recessional- and played-out to the max!


What is the opposite of postlude?

The opposite of a postlude (recessional) would be a prelude.


What is the effect of paradox?

Paradoxes introduce contradictions or inconsistencies that challenge our understanding of logic and reason. They can stimulate creative thinking and prompt us to reevaluate our assumptions or beliefs, leading to new insights or perspectives. However, unresolved paradoxes can also create confusion and uncertainty.