Multiple Choice
Incremental research and development tax credits
A) allow firms to reduce the after-tax cost of their research and development activities.
B) fund federal government insurance on a portion of research and development costs.
C) generate revenues to subsidize government laboratories for research and development.
D) are designed to reduce the amount of government regulatory restraints that limit innovation.
E) fund a government prize for important industrial innovations.
Correct Answer:
Verified
Correct Answer:
Verified
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