One policy that would increase the saving rate would be
A) raising taxes on the returns to saving.
B) raising taxes on the returns to investment.
C) taxing consumption.
D) raising taxes on saving.
C
Economics
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The decision to make the U.S. income tax system progressive was
A) a positive decision. B) a normative decision. C) a decision that was needed to minimize the excess burden of taxation. D) a progressive decision.
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A reserve requirement of 12.5 percent implies a potential money multiplier of: a. 5
b. 8. c. 12.5. d. 112.5.
Economics