The Crowding-Out Effect Is the Tendency for

question 83

Multiple Choice

The crowding-out effect is the tendency for

• A)lower private saving to decrease investment.
• B)higher government budget deficits to decrease investment.
• C)lower private saving to increase the budget deficit.
• D)higher private savings to decrease government budget surpluses.
• E)higher government budget deficits to increase total savings.

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Definitions:

Secular Time

A concept referring to worldly or non-religious time, often contrasted with sacred or religious time.

Disembedding

The process of removing social activities from their traditional contexts, allowing them to be restructured across time and space, as discussed by sociologist Anthony Giddens.

Symbolic Tokens

Symbols or objects that represent or signify something else, often used in ceremonies or as part of rituals.

Expert Systems

Computer systems that emulate the decision-making ability of a human expert in specific domains.