Which of the following will NOT play a role in eliminating the shortcoming of the taxation system, particularly the fact that the tax system taxes nominal return rather than real return?

A. Eliminating taxation of interest
B. Introducing inflation-indexed bonds
C. Taxing only real interest income, not nominal interest income
D. Reducing inflation to zero


Answer: B

Business

You might also like to view...

What was the total manufacturing costs incurred during the year?

Quinton Corporation provided the following information for the year:

A) $698,000
B) $314,000
C) $853,000
D) $1,167,000

Business

Differentiate between consumer promotions and trade promotions. Explain the various tools used in trade promotions

What will be an ideal response?

Business

Please (lay, lie) the box of (stationary, stationery) on the secretary's desk

What will be an ideal response?

Business

Only unfavorable variances should be investigated, if substantial, to determine their causes

Indicate whether the statement is true or false

Business