"Crowding Out" Is the Theory That an Increase in Our

question 21

Multiple Choice

"Crowding out" is the theory that an increase in our federal government's budget deficit will likely:

• A) decrease the national debt.
• B) decrease interest rates.
• C) decrease borrowing by households and businesses
• D) increase the impact of the spending multiplier.

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Definitions:

Nonmajority Unionism

A form of union representation in which a union does not represent a majority of the workers in a bargaining unit or workplace but still provides representation and advocacy for its members.

Fortress Unionism

A strategy employed by labor unions focusing on protecting the interests and benefits of their current members rather than expanding membership.

Alt-Labor

Non-traditional labor groups, including worker centers and advocacy organizations, that support workers' rights outside of formal union structures.

Nonunion Workers

Employees who are not members of a labor union and do not receive the benefits of collective bargaining agreements.