A government policy that taxes saving in order to discourage saving and encourage spending will
A) slow economic growth.
B) speed economic growth.
C) create a greater incentive for people to specialize.
D) strengthen people's property rights.
E) increase the growth rate of capital.
Correct Answer:
Verified
Q261: The fastest growing nations today
A)are not saving
Q262: Saving
A)slows growth because it decreases consumption.
B)finances investment
Q263: One possible way of achieving faster economic
Q264: Brian is running for state senator and
Q265: One possible way of achieving faster economic
Q267: Economic freedom means that
A)firms are regulated by
Q268: Activities that encourage faster growth are
A)high levels
Q269: China's growth rate has _ that of
Q270: East Asian economies have grown
A)rapidly because of
Q271: Which of the following statements is FALSE?
A)Saving
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