The Primary Concern of Economists Worried About the Crowding Out

question 153

Multiple Choice

The primary concern of economists worried about the crowding out effect is the:

• A) growing size of the national debt.
• B) size of the interest payments on the national debt as compared with GDP.
• C) debate over future generations.
• D) upward pressure that increased borrowing places on interest rates.

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Definitions:

Categorical Imperative

Kant’s fundamental moral principle that helps to determine what our duty is.

Humanity

The quality or condition of being human, often associated with compassion, empathy, and the collective human species.

Prima Facie Duty

Moral duty that is binding unless overridden by a more compelling moral duty.

Moral Requirement

An ethical obligation or duty that individuals are expected to follow based on moral principles or societal norms.