Which One of the Following Might Offset a Crowding-Out Effect

question 94

Multiple Choice

Which one of the following might offset a crowding-out effect of an increase in government spending financed through expansion of the public debt?

• A)a decline in net exports
• B)an improvement in business profit expectations
• C)a decrease in the money supply
• D)a decline in public investment

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Definitions:

False Consciousness

A term used in Marxist theory to describe the way in which material, ideological, and institutional processes mislead members of the proletariat about their real interests.

Superstructure

All of the things that society values and aspires to once its material needs are met (e.g., religion, politics, law).

Exploitation

The act of unfairly or unjustly using someone or something for one's own benefit, often at the expense of the exploited party's welfare.

Ideology

A system of ideas, beliefs, and values that shapes the way individuals perceive and interpret the world.