Reductions in Private Spending as a Result of Increased Government

question 56

Multiple Choice

Reductions in private spending as a result of increased government spending or borrowing is called

• A) pushing in.
• B) rushing forth.
• C) crowding in.
• D) crowding out.

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Definitions:

Sui Generis

A Latin expression meaning "of its own kind" or "unique in its characteristics," often used to describe something that is in a class by itself.

Social Theorist

A scholar who develops frameworks and theories to analyze and explain social phenomena and behaviors.

Marx

A reference to Karl Marx, a 19th-century philosopher, economist, and sociologist whose works primarily focus on capitalism, class struggles, and social change through revolution.

Functionalism

A theory in sociology and anthropology that interprets society as a structure with interdependent parts designed to serve specific functions for the overall stability and continuity.