The Crowding-Out Effect Suggests That

question 116

Multiple Choice

The crowding-out effect suggests that:

• A) Increases in consumption are always at the expense of saving
• B) Increases in government spending will close a recessionary expenditure gap
• C) Increases in government spending may reduce private investment
• D) High taxes reduce both consumption and saving

Understand the standards of judicial review applicable to agency decisions.

Recognize the powers of the president and Congress over administrative agencies within the executive branch.

Appreciate the impact of administrative agencies on law-making and governance in the United States.

Understand the basic structure and lifecycle of Java applets.

---

Definitions:

Bookcases

Furniture designed to store and display books, typically consisting of horizontal shelves.

Supplier-customer Combinations

Various possible pairings or relationships between suppliers and customers in a market or supply chain.

Mutually Exclusive

Events that cannot happen simultaneously.

Simple Events

In probability, a simple event is a single outcome within a sample space, not composed of other events.