The Tendency for Private Saving to Increase in Response to Growing

question 97

Multiple Choice

The tendency for private saving to increase in response to growing government deficits is known as the

• A)Ricardo- Barro effect.
• B)money illusion effect.
• C)Malthusian effect.
• D)Keynes effect.
• E)crowding out effect.

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Definitions:

Strokes

A medical condition where the blood supply to part of the brain is interrupted or reduced, leading to brain damage and loss of function.

Hallucinations

Perceptual experiences in the absence of external stimuli, such as seeing, hearing, or feeling something that isn't there.

Morphine

A potent opiate analgesic drug derived from the opium poppy, used to relieve severe pain by directly acting on the central nervous system.

Codeine

An opiate used to treat pain, coughing, and diarrhea by acting on the central nervous system to relieve pain, often found in prescription medications.