Multiple Choice
Which of the following two effects of a decrease in the tax rate on saving would raise savings?
A) the income effect and the substitution effect
B) the income effect but not the substitution effect
C) the substitution effect but not the income effect
D) neither the substitution effect nor the income effect
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Which of the following might explain a
Q13: Which of the following raise the incentive
Q14: Which of the following is correct?<br>A)No forms
Q15: Which of the following are taxed?<br>A)both corporate
Q16: Suppose the tax rate on interest income
Q18: A year ago a country reduced the
Q19: A reduction in the tax rate on
Q20: Means-tested government benefits base benefits on<br>A)a household's
Q21: Double taxation means that both<br>A)the profits of
Q22: Higher saving is associated with<br>A)a larger capital