Multiple Choice
If a reduction in taxes on savings reduced the amount of private saving,then the
A) income effect equaled the substitution effect.
B) income effect outweighed the substitution effect.
C) the substitution effect outweighed the income effect.
D) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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Q31: Which of the following is true concerning
Q32: Accumulated over a long span of time,the
Q33: Which of the following is not an
Q34: Higher saving is associated with<br>A)a larger capital
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Q38: A higher rate of return on saving
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Q41: Which of the following would likely increase
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