If the Market Supply Curve of Savings Is Upward Sloping

question 11

Multiple Choice

If the market supply curve of savings is upward sloping, a tax on interest income will:

• A)increase the amount of saving.
• B)increase the market rate of interest.
• C)decrease the market rate of interest.
• D)have no effect on the market rate of interest.

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Definitions:

Clone Method

A method in object-oriented programming that creates and returns a copy of an object.

Tennis Shoes Class

A class in object-oriented programming that could represent the attributes and behaviors of tennis shoes in a software model.

Clone Method

A method that creates and returns a copy of an object, as defined by the java.lang.Object class in Java.

Dress Shoes Class

Assuming it is a user-defined class in programming, it would represent a category or template for creating objects related to dress shoes.