A government policy that would reduce the saving rate is ? a) giving tax breaks to increase the real return that savers receive b) eliminating the social security system c) increasing the government budget surplus by cutting government spending d) switching the tax system to tax consumption instead of income
A government policy that would reduce the saving rate is ? a) giving tax breaks to increase the real return that savers receive b) eliminating the social security system c) increasing the government budget surplus by cutting government spending d) switching the tax system to tax consumption instead of income
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter16: Government Spends, Collects, And Owes
Section: Chapter Questions
Problem 3AA
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Give written answer with explanation and conclusion
A government policy that would reduce the saving rate is ?
a) giving tax breaks to increase the real return that savers receive
b) eliminating the social security system
c) increasing the government budget surplus by cutting government spending
d) switching the tax system to tax consumption instead of income
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