The Main Policy Tool for Manipulating Consumer Spending Is Personal

question 37

True/False

The main policy tool for manipulating consumer spending is personal income tax, but this tool takes time to have an effect.

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Definitions:

Action Plan

A detailed strategy outlining the steps necessary to achieve a particular goal or objective, including timelines and resources needed.

Engaged Employee

A worker who is fully involved in, and enthusiastic about, his or her work and therefore acts in a way that furthers their organization's interests.

Behavior Modification

System of motivation that emphasizes rewarding people for doing the right things and punishing them for doing the wrong things.

Rewarding

Offering satisfaction, happiness, or benefit, especially after an effort.