U.S. public policy discourages saving because
a. other things the same, taxes increase the return from savings.
b. means tested programs such as Medicaid provide lower benefits to those who did not save.
c. none of parents' bequest to their children is taxed.
d. some forms of capital income are taxed twice.
d
You might also like to view...
In monopolistic competition, there are
A) many firms making a differentiated product. B) a few firms making a differentiated product. C) many firms making an identical product. D) a few firms making an identical product.
"For-benefit" corporations are created to pursue multiple goals, such as profitability, social responsibility, and value for the broader society. These firms provide examples of:
A. long-run efficiency. B. technical inefficiency. C. non-entrepreneurial thinking. D. social entrepreneurship.
Which of the following will shift the labor demand curve to the right?
A. An increase in the price of a competing, substitute input B. An increase in the use of factory automation C. A reduction in the demand for the output produced by labor D. A reduction in the wage rate
What country is the world's largest exporter of services?
(A) Germany (B) United States (C) Great Britain (D) Japan