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Which of the Following Plays Little Role in the Development

question 16

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Which of the following plays little role in the development of the nervous system of


Definitions:

Crowding-out

A situation where increased public sector spending reduces the amount of available funds for private sector investments.

National Debt

The total amount of money that a country's government has borrowed, typically as a result of deficit spending, and yet to repay.

Social Security Tax Surplus

The excess of revenues collected for Social Security over the expenditures on the program.

Crowding-out Effect

A situation where increased government spending leads to a reduction in private sector investment, due to the government borrowing absorbing a larger share of available financial resources.

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