The effects of tax incentive programs such as IRAs and 401(k) accounts suggest that these government programs designed to increase saving lead to
A) a decrease in the private capital stock.
B) decreased labor productivity.
C) an increase in the standard of living.
D) an increase in the real interest rate.
C
Economics
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Which statement shows income as a factor affecting demand?
a. A factory in town gives its employees bonuses, and mall purchases increase. b. Many people move into a suburb because it has affordable housing. c. Advertising convinces people that jeans make them look overweight. d. Meteorologists predict a winter with lots of snow, so shovel sales rise.
Economics
When federal government spending amounts to less than tax revenues, the federal government runs a budget deficit
Indicate whether the statement is true or false
Economics