Incentives to Work and Save Are Reduced When

question 51

Multiple Choice

Incentives to work and save are reduced when

• A)income taxes are higher.
• B)consumption taxes replace income taxes.
• C)corrective taxes are implemented.
• D)All of the above are correct.

---

Definitions:

Variables

Variables are any characteristics, numbers, or quantities that can be measured or quantified, which change or vary across different situations.

Age

The length of time that a person or thing has existed.

Operational Definition

A statement of the procedures or ways in which a research concept is measured and turned into a variable.

Inferential Statistics

A branch of statistics that allows us to infer trends about a population based on samples from that population.