Crowding-Out Is

question 100

Multiple Choice

Crowding-out is:

• A) the first time a corporation sells stock to the public in order to raise capital.
• B) a sophisticated IOU that documents who owes how much and when payment must be made.
• C) something of value that by agreement becomes the property of the lender if the borrower defaults.
• D) the decrease in private consumption and investment that occurs when government borrows more.

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Definitions:

False Claims Act

A U.S. federal law that allows individuals to sue on behalf of the government for fraudulent billing by contractors, with the possibility of receiving a portion of any recovered funds.

Nolo Contendere

A plea in which the defendant does not admit guilt but agrees not to contest the charges.

Plea

A formal statement made by a defendant in response to a criminal charge, typically 'guilty,' 'not guilty,' or 'no contest.'

Information

Data, knowledge, or details about someone or something that can be used for a variety of purposes, including making decisions, solving problems, or understanding situations.