A tax deduction is an example of the form of governmental intervention known as:
A) legislation.
B) consumer education.
C) provision of incentives.
D) promotional constraints.

Question

Quizplus · Accepted Answer

Tax deduction is a form of incentive provided by the government to encourage certain behaviors or activities. Incentives are a type of governmental intervention that influence the behavior of individuals or organizations by providing rewards or penalties. Tax deductions would reduce the tax burden on individuals or businesses that engage in qualifying activities, which would encourage them to continue or expand such activities.

A Tax Deduction Is an Example of the Form of Governmental