The Crowding-Out Effect Is Likely to Be Greater When the

question 241

Multiple Choice

The crowding-out effect is likely to be greater when the

• A)economy is in a serious recession.
• B)government is incurring surpluses,rather than deficits.
• C)economy is at full employment.
• D)the unemployment rate is rising.

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Definitions:

1870

The year that marks a significant period post-Civil War in the United States, characterized by Reconstruction efforts and the early stages of industrialization.

European Migrants

Individuals from European countries who move to another country for various reasons, such as employment or resettlement.

Overpopulation

A situation where the number of people exceeds the capacity of the environment to support life at a decent standard of living.

Scarcity Of Land

The limited availability of land resources relative to demand, often leading to competition and increased value.