The desire to foster technological progress helps explain the favorable tax treatment accorded research and development expenditures.

Name: The desire to foster technological progress helps explain the favorable tax treatment accorded research and development expenditures.
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Question

Quizplus · Accepted Answer

The statement is true. Governments often provide tax incentives to encourage companies to invest in research and development, as the resulting technological progress can have many economic and social benefits.

The Desire to Foster Technological Progress Helps Explain the Favorable