If the Supply of Saving Is Not Perfectly Inelastic in the Nation

question 2

Multiple Choice

If the supply of saving is not perfectly inelastic in the nation, then which of the following taxes will cause efficiency loss in capital markets?

• A)A general wealth tax
• B)A national tax on real estate
• C)A consumption tax
• D)Both (a) and (b) are correct.

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Definitions:

Homosexual Relatives

Relatives who identify as homosexual, indicating a shared sexual orientation towards individuals of the same gender within a family.

Second Trimester

The period of pregnancy that ranges from week 13 to week 26, during which significant fetal growth and development occur.

Brain Development

The process involving the growth and maturation of the brain, influencing cognitive, motor, and emotional skills.

Sexual Orientation

A person's emotional, romantic, or sexual attraction to others, which can be towards the same sex, the opposite sex, both, or neither.