Which of the following policies would be most likely to encourage households to save more?
A) Significant reductions in the social safety net
B) Increasing social security benefits to all recipients,regardless of their contribution into the system
C) Elimination of the tax deduction on individual retirement account (IRA) contributions
D) Replacement of sales and excise taxes with an income tax
E) Elimination of government insurance of bank deposits
Correct Answer:
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Q63: How would budget deficit reduction through reduced
Q64: A decrease in government spending would
A) lower
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