The Crowding-Out Effect Refers to the Possibility That Deficit Spending

question 7

True/False

The crowding-out effect refers to the possibility that deficit spending may motivate people to increase their saving in anticipation of higher future taxes.

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Definitions:

Unconditional Positive Regard

A concept in client-centered therapy proposed by Carl Rogers, emphasizing an attitude of total acceptance and support toward another person regardless of their actions or feelings.

Rogers

Pertains to Carl Rogers, a significant American psychologist and a founding figure of the humanistic psychology movement.

Humanistic Perspective

A psychological approach that emphasizes individual potential for growth, and focuses on the self and the individual's unique perception of the world, promoting a more holistic perspective of mental health.

Negative Aspects

Refers to the unfavorable or detrimental features, effects, or impacts associated with a situation, process, or thing.