When an Increase in Government Spending Leads to a Decrease

question 121

Multiple Choice

When an increase in government spending leads to a decrease in private spending it is called:

• A) crowding out.
• B) a drop in the bucket.
• C) bad timing.
• D) the implementation lag.

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Definitions:

Top-Down Change

A change management strategy where decisions and initiatives are driven by the upper echelons of an organization's hierarchy and then communicated down.

Substantial Commitment

A significant dedication or pledge of resources, time, or effort towards a particular course of action or project.

Affirmative Action

Policies and measures designed to increase the representation of minorities and women in areas of employment, education, and business from which they have been historically excluded.

Minorities

Groups of people who are distinct from the majority population based on ethnic, racial, religious, or linguistic characteristics, often experiencing differential treatment or marginalization.