A reduction in the tax rate on income from saving would

a. most directly benefit the poor in the short run.
b. increase real wages over time.
c. decrease the capital stock over time.
d. decrease productivity over time.

b

Economics

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The presence of a positive externality in a market leads to ________

A) an underproduction of the good B) an overproduction of the good C) a deadweight loss D) a fall in the consumer surplus

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