The Size of the Crowding-Out Effect, Affecting the Size of the Government

question 51

Essay

The size of the crowding-out effect, affecting the size of the government spending multiplier, depends on two things. Explain what those are.

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Definitions:

Hostility

An emotion characterized by anger, antagonism, and aggression towards others, often resulting in conflict.

Type A Personality

Person who is ambitious, time conscious, extremely hardworking, and tends to have high levels of hostility and anger as well as being easily annoyed.

Masculine

Traits or attributes traditionally associated with men and boys, such as strength, assertiveness, and competitiveness, in a given culture.

Hofstede's Dimensions

A framework for cross-cultural communication developed by Geert Hofstede, which describes the effects of a society's culture on the values of its members and how these values relate to behavior.