Taxing savings in ways that lower the interest rate received by savers will lower savings.
Answer the following statement true (T) or false (F)
False
Rationale: It depends on whether wealth effects outweigh substitution effects.
Economics
You might also like to view...
The expenditure multiplier is equal to the change in ________ divided by the change in ________
A) dependent expenditure; autonomous expenditure B) autonomous expenditure; equilibrium expenditure C) the price level; real GDP D) equilibrium expenditure; autonomous expenditure E) real GDP; equilibrium expenditure
Economics
A car insurance company pays 90% of the total damage in case of an accident. This is an example of ________
A) a coinsurance B) a dividend C) a brokerage D) a subsidy
Economics