The "Crowding-Out Effect" Suggests That

question 38

Multiple Choice

The "crowding-out effect" suggests that:

• A)tax increases are paid primarily out of saving and therefore are not an effective fiscal device.
• B)increases in government spending financed through borrowing will increase the interest rate and thereby reduce investment.
• C)it is very difficult to have excessive aggregate spending in our economy.
• D)consumer and investment spending always vary inversely.

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Definitions:

TNM System

A classification system used by medical professionals to describe the size and spread of cancer within a patient's body.

Lymph Node Metastasis

The spread of cancer cells from the original tumor site to nearby or distant lymph nodes.

Distant Metastasis

The spread of cancer cells from the original tumor site to distant organs or tissues in the body, indicating an advanced stage of cancer.

Primary Tumor

The original tumor where cancer first developed in the body.