Crowding Out Occurs When

question 151

Multiple Choice

Crowding out occurs when

• A)increased taxes force higher levels of national saving.
• B)deficit spending by the government forces private investment spending to contract.
• C)local businesses cannot get government contracts because of the higher bids of large corporations.
• D)foreign investors are willing to pay higher prices for U.S.bonds than American citizens will pay.

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Definitions:

Creativity Drivers

Elements or factors that stimulate creativity in individuals or groups, leading to the generation of innovative ideas or solutions.

Individual Creativity

The ability of a person to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating, and entertaining.

Team Creativity

The collective ability of a group to generate novel and useful ideas or solutions to problems.

Classical Decision Model

The classical decision model is a theoretical approach to decision-making that assumes individuals have access to all necessary information, can objectively evaluate options, and will make rational choices maximizing outcomes.