If the Government Ran a Major Deficit, and There Was

question 8

Multiple Choice

If the government ran a major deficit, and there was no noticeable effect on the level of GDP, this could be taken as evidence of

• A)crowding-in.
• B)structural deficit.
• C)crowding-out.
• D)monetary policy ineffectiveness.

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Definitions:

Two-by-two

A 2x2 matrix or table used to categorize or compare data points based on two binary criteria, often used in research for analysis or decision-making.

Online Experiments

Research experiments conducted over the internet, allowing for widespread participation and data collection from diverse populations.

Online Surveys

Surveys distributed and completed over the internet, allowing for a wider reach and often, quicker responses.

Internal Validity

The extent to which a study establishes a trustworthy cause-and-effect relationship between a treatment and an outcome.