In Effect, a Consumption Tax Would Put All Saving Automatically

question 18

True/False

In effect, a consumption tax would put all saving automatically into a tax-advantaged savings account similar to an Individual Retirement Account (IRA).

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Definitions:

Insulin

A hormone produced by the pancreas that regulates blood sugar levels, allowing your body's cells to absorb glucose as energy.

Brains

are the complex organs located in the skulls of vertebrates, functioning as the center of the nervous system, controlling thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.

Virtually Identical

Being nearly the same in every way, especially in appearance or quality.

Synapse

A junction between two nerve cells, where impulses pass by diffusion of a neurotransmitter.