The federal government’s research and experimentation plan is a(n) _____________ to stimulate private sector investment in research.
a. economic prize
b. subsidy
c. collaboration
d. tax credit
d. tax credit
The federal government refers to this policy as the research and experimentation (R&E) tax credit. According to the Treasury Department: “. . . the R&E Credit is also a cost-effective policy for stimulating additional private sector investment."
You might also like to view...
A perfectly free market system may not be efficient in terms of minimizing pollution, unsafe working conditions, unfair hiring practices, and a grossly uneven distribution of wealth.
Indicate whether the statement is true or false.
Suppose that someone has a disposable annual income of $50,000 and an MPC=0.8. They allocate $10,000 of that for necessities. The remainder of the income is both spent and saved. Based on this information autonomous consumption is:
A. $10,000. B. $40,000. C. $32,000. D. $50,000.
Most lighthouses are operated by the government because
a. of the free-rider problem. b. lighthouses are no longer valued by society. c. most lighthouses are only tourist attractions in state and national parks. d. shipping companies would not be able to afford maintenance fees for lighthouses.
A currency has depreciated when:
A. that currency buys less foreign goods than it did previously. B. that currency buys more foreign goods than it did previously. C. one unit of that currency buys more units of a foreign currency than it did previously. D. foreign goods become cheaper to holders of that currency.