Which of the following policies would reduce the user cost of capital?
A) a reduction in the money supply
B) a reduction in the personal income tax rate
C) an increase in the corporate profit tax rate
D) an increase in an investment tax credit
D
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Explain the difference between correlation and causation
What will be an ideal response?
Janice earns an income of $2,000 a week and goes out to lunch 4 times a week. If her income increased to $2,100 she would go out to lunch 5 times a week. Compute Janice's income elasticity of demand
A) 0.22 B) 4.56 C) 2.28 D) -0.22
A decrease in the market clearing exchange value of the home nation's currency in terms of the currency of another nation is a home currency
A) appreciation. B) revaluation. C) depreciation. D) devaluation.
Which of the following statements is true? a. Money market mutual funds were originally introduced by the Federal Reserve Bank of New York
b. Money market mutual funds initially constituted serious competition to banks and thrifts for the deposits of savers. c. Money market mutual funds were not originally offered by commercial banks and still are not offered by them. d. Money market mutual funds represent a pooling of cash assets from many countries, like dollars, francs, and pesos. e. Money market mutual funds are not able to offer their customers check-writing privileges.