Crowding-Out

question 360

Multiple Choice

Crowding-out

• A)refers to the idea that increases in government purchases inevitably cause reductions in some form of private consumption or investment.
• B)only occurs at full employment levels of National Output.
• C)is translated into inflation during periods of slack employment.
• D)does not include loss of leisure on the part of workers employed as a result of government spending.

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Definitions:

Pulmonary Veins

Blood vessels that carry oxygenated blood from the lungs back to the left atrium of the heart.

Fibrous Pericardium

The outer layer of the heart's pericardium, consisting of tough connective tissue that protects the heart and anchors it within the chest.

Epicardium

The outermost layer of the heart wall, consisting of an inner visceral layer of the pericardium that protects and lubricates the heart.

Venous Cavity

A space within the body where deoxygenated blood is collected from the venous system before being returned to the heart.