The U.S.government attempts to spur research and development activities through
A)monetary policy.
B)interest rate policy.
C)export subsidy policy.
D)tax policy.

Question

Quizplus · Accepted Answer

The U.S. government uses tax policy to spur research and development activities. One tax policy that supports this is the Research and Development (R&D) Tax Credit, which incentivizes businesses to invest in innovative practices by reducing their tax burden. This helps companies to invest more resources in their R&D efforts, which can lead to new technological developments and increased economic growth.

The USGovernment Attempts to Spur Research and Development Activities Through