Dictionary
Find
in
Dictionary
Thesaurus
Translations

Click to move up the list of words
paraformaldehyde
paragenesis
paragliding
paragoge
paragon
paragraph
paragraphia
Paraguay
Parahyba
parahydrogen
parainfluenza virus
parajournalism
parakeet
paralanguage
paraldehyde
paralegal
paraleipsis
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