For a Given Level of Private Saving,a Decrease in the Government's

question 83

Multiple Choice

For a given level of private saving,a decrease in the government's budget deficit ________ the long-run rate of economic growth.

• A)will reduce
• B)will leave unchanged
• C)will increase
• D)will diminish
• E)none of the above

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Definitions:

Displacement

A defense mechanism where mind shifts emotional impulses from a real object to a safer substitute target.

Productivity

Productivity refers to the measure of efficiency of a person, machine, factory, or system in converting inputs into useful outputs.

Own Language

The unique linguistic system developed and understood by specific individuals or groups, often seen in twins.

Fuzzy Concepts

These are ideas or categories that are not precise and can vary considerably depending on the individual or context.