The Term Crowding-Out Effect Refers to

question 48

Multiple Choice

The term crowding-out effect refers to

• A)the reduction in aggregate supply that results when a monetary expansion causes the interest rate to decrease.
• B)the reduction in aggregate demand that results when a monetary expansion causes the interest rate to decrease.
• C)the reduction in aggregate demand that results when a fiscal expansion causes the interest rate to increase.
• D)the reduction in aggregate demand that results when a decrease in government spending or an increase in taxes causes the interest rate to increase.

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Definitions:

Manager-Subordinate Relationship

The dynamic and interactions between a supervisor and their direct reports in a workplace setting.

Attribution Bias

A cognitive bias that refers to the systematic errors made when people evaluate or try to find reasons for their own and others' behaviors.

Relational Attribution

The process of explaining an individual's behavior based on their relationships and interactions with others.

Ingratiation

A psychological tactic used to influence others and gain favor by flattering or acting agreeably toward them.