Which of the Following Would Not Be a Result of Replacing

question 157

Multiple Choice

Which of the following would not be a result of replacing the income tax with a consumption tax so that interest income was no longer taxed?

• A)The interest rate would decrease.
• B)Investment would decrease.
• C)The standard of living would eventually rise.
• D)The supply of loanable funds would shift right.

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Definitions:

Service Diaphragm

The rubber pancake on which service brake pressure acts to apply the brakes on an air brake–equipped vehicle.

Cam-to-bushing Radial

Refers to the radial clearance or distance between a camshaft and its surrounding bushing, critical for proper mechanical operation.

S-cam Assembly

A mechanical component used in drum brake systems of heavy vehicles, converting the linear force of air brake actuators into a rotational movement to apply the brake.

Air Dryer

A device usually located downstream from the compressor designed to remove moisture from the air system. Air dryers use two principles to eliminate air from an enclosed brake circuit, cooling/condensation and desiccant media.