What is the Paradox of Th rift ? Discuss. Th e action of the government relating to its expenditures, transfers and taxes is called the monetary policy.  In a three sector model while taxes are income...

What is the Paradox of Th rift ? Discuss.

Th e action of the government relating to its expenditures, transfers and taxes is called the monetary policy.

 In a three sector model while taxes are income leakages, government expenditures are injections.