A Smaller Crowding-Out Effect

question 22

Multiple Choice

A smaller crowding-out effect:

• A)increases the magnitude of a given fiscal policy's effect on unemployment in the long run and increases the magnitude of its effects on net exports.
• B)increases the magnitude of a given fiscal policy's effect on unemployment in the long run and decreases the magnitude of its effects on net exports.
• C)decreases the magnitude of a given fiscal policy's effect on unemployment in the long run and increases the magnitude of its effects on net exports.
• D)decreases the magnitude of a given fiscal policy's effect on unemployment in the long run and decreases the magnitude of its effects on net exports.
• E)does not affect the magnitude of a given fiscal policy's effect on unemployment in the long run.

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Definitions:

Amount in Controversy

The monetary threshold or total value of damages being sought or contested in a legal case, which can determine the jurisdiction or venue.

Concurrent Jurisdiction

A situation where two or more courts have the simultaneous authority to hear and decide on the same case or issue.

Exclusive Jurisdiction

A legal term indicating that only a specific court has the power to adjudicate a particular case or issue.

Federal Court

A court established by the federal government that has jurisdiction over questions of federal law and disputes between states or between the U.S. and foreign governments.