Dictionary
Find
in
Dictionary
Thesaurus
Translations

Click to move up the list of words
parabolic aerial
parabolic ski
parabolize
paraboloid
parabuntal
paracentesis
paracetamol
parachronism
parachute
parachute pants
parachute spinnaker
Paraclete
parade
parade ground
paradichlorobenzene
paradiddle
paradigm
Click to move down the list of words
Also available:

World English Dictionary
Dictionnaire Français

paradox of thrift

par·a·dox of thrift


noun 
Definition:
 
increased savings and decreased national income: a situation in which an increase in savings causes a decline in national income as a result of a fall in aggregate demand

Advertisement

© 2009 Microsoft