Did the Large U

question 204

Multiple Choice

Did the large U.S.budget deficits in the 1980s "crowd out" investment as some economists had predicted?

• A)Yes, investment dropped as predicted.
• B)Yes, although investment did not fall nearly as much as some had feared.
• C)No, investment was not crowded out, but net exports dropped.
• D)No, no crowding out at all occurred.

---

Definitions:

Face-To-Face

Direct interaction between two or more people in the same physical space.

Written Memos

Brief written messages, typically used within an organization to communicate information, directives, or updates.

Important Instructions

Critical or necessary directions or orders that need to be followed.

Immediate Action

A prompt response or decision taken swiftly to address a situation or problem.