Examlex
What is the "crowding-out" effect? How does the crowding-out effect influence the potency of fiscal policy?
Cognitive Consistency Theories
Theories in psychology that suggest individuals are motivated to maintain consistency among their cognitions (beliefs, attitudes, and perceptions).
Inconsistencies
Situations or statements that are not in agreement, lack compatibility, or are full of contradictions.
Individuals
Distinct or separate entities, often referred to in the context of singular human beings.
Cognitive Dissonance
The psychological discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.
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