Examlex
Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-The Mediterranean Sea forms the southern boundary of Europe.
U.S. Government
The federal government of the United States, consisting of three branches: legislative, executive, and judicial.
Crowding-Out Effect
A situation where increased government spending leads to reduced investment in the private sector, typically because of higher interest rates or the use of available financial resources.
Keynesians
Economists who follow the theories of John Maynard Keynes, emphasizing the role of government intervention and fiscal policy in managing economic cycles.
Monetarists
Economists who suggest that fluctuations in the money supply are key in affecting national output in the short term and in determining the price level over an extended term.
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