Increased Deficit Spending by the Government Is Likely to Result

question 80

Multiple Choice

Increased deficit spending by the government is likely to result in

• A) higher than normal interest rates.
• B) no change in the interest rate.
• C) lower than normal interest rates.
• D) lower expected inflation.

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Definitions:

Social System

An organized collection of parts that are highly integrated to accomplish an overall goal, describing the structured society in which we live.

Status

The relative social, professional, or other standing of someone or something within a society or organization.

Role

Describes the behavior and actions expected from an individual in a specific position or context within a social system.

Status-role Complex

A concept referring to the combination of social positions (status) an individual occupies and the expected behaviors (roles) associated with those positions.