The Assertion That Increases in Government Spending and Decreases in Taxes

question 117

Multiple Choice

The assertion that increases in government spending and decreases in taxes are largely offset by increases in savings is called

• A) implementation lag.
• B) impact lag.
• C) savings lag.
• D) the new classical critique.
• E) crowding-out.

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Definitions:

Uplift Union

A union strategy focusing on improving the social and economic status of workers through education, community involvement, and positive labor relations practices.

Moral

Pertaining to principles or rules of right conduct or the distinction between right and wrong; ethical.

Intellectual

A person involved in critical thinking, research, and reflection about society, and who proposes solutions for its normative problems.

National Unions

Unions that operate across an entire country, representing a broad base of members from various sectors and industries within that nation.