​According to the IGM Poll, Most Economists Think That the Crowding

question 120

True/False

​According to the IGM poll, most economists think that the crowding out effects were stronger than the stimulative effects of ARRA.

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Definitions:

Check Clearing

Check clearing is the process through which banks verify and process the transfer of funds from the check issuer's account to the recipient's account, finalizing the transaction.

Transit Float

The time difference between when a payment is made and when it is available in the recipient's account.

Processing Float

The time delay between when a check is written and when it is actually deducted from the payer's account, often utilized in managing company cash flows.

Cash Balances

Cash balances refer to the amount of currency, coins, and balances in checking and savings accounts that a company holds at any given time.