Suppose Consumers Save 17 Percent of Their Incomes

question 63

Multiple Choice

Suppose consumers save 17 percent of their incomes. If the government collects 10 dollar in taxes from each taxpayer and invested it in infrastructure, total social investment will ________ per taxpayer.

• A) increase by $10.17
• B) increase by $8.30
• C) decrease by $1.70
• D) decrease by $8.30

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Definitions:

More than 50%

Describes a quantity or proportion that exceeds half of a total amount or population.

LGBT Community

A diverse group of individuals who identify as lesbian, gay, bisexual, transgender, and other non-heteronormative sexual orientations and gender identities.

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc., in a group or organization.

Corporate Communicators

Professionals responsible for managing communication within and from a corporation, including internal communications, media relations, and public relations.