Economists Who Argue in Favor of Rapid Deficit Reduction Claim

question 71

Multiple Choice

Economists who argue in favor of rapid deficit reduction claim that deficit reduction will

• A)reduce crowding in, reduce interest rates, and increase AS.
• B)stimulate AD and productivity.
• C)trigger crowding in, increase investment, and increase AS.
• D)reduce crowding out, increase investment, and increase AS.

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Definitions:

Inter-team Group Technique

A method aimed at enhancing cooperation and efficiency among different teams within an organization by improving communication and resolving conflicts.

Consensus

A group decision that has the expressed support of most members.

Authority Rule

A system or principle governing conduct or activity, where decisions are made based on hierarchical position or statutory power.

Lack of Response

An absence of reaction or feedback following an action, query, or request, potentially indicating disinterest or disregard.