The "Crowding Out" Effect Suggests That

question 198

Multiple Choice

The "crowding out" effect suggests that:

• A)government spending is increasing at the expense of private investment.
• B)imports are replacing domestic production.
• C)private investment is increasing at the expense of government spending.
• D)consumption is increasing at the expense of investment.

---

Definitions:

Societal Culture

The collective norms, values, beliefs, and behaviors that characterize a society or social group.

Performance Orientation

A focus or emphasis on the outcomes of work activities and the achievement of results or goals.

GLOBE Model

A research paradigm that examines the interrelationships between societal culture, organizational culture, and organizational leadership across the world.

Excellence

The quality of being outstanding or extremely good in performance or quality.