Economists Who Argue in Favor of Rapid Deficit Reduction Claim

question 71

Multiple Choice

Economists who argue in favor of rapid deficit reduction claim that deficit reduction will

• A)reduce crowding in, reduce interest rates, and increase AS.
• B)stimulate AD and productivity.
• C)trigger crowding in, increase investment, and increase AS.
• D)reduce crowding out, increase investment, and increase AS.

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Definitions:

Altered State

A condition of significant deviation from one’s normal mental or physical state, due to influences like meditation, drugs, or hypnosis.

Consciousness

The state of being aware of and able to think about one's environment, thoughts, feelings, and sensations.

Circadian Rhythms

Natural, internal processes that regulate the sleep-wake cycle and repeat roughly every 24 hours.

Body Temperature

A measure of the body's ability to generate and get rid of heat, indicative of the physical state of the body, typically around 37°C (98.6°F) in humans.