One of the Best Things the Governments of Developing Countries

question 268

True/False

One of the best things the governments of developing countries can do to increase wealth is to minimize interference with the free exchange of goods and services.

---

Definitions:

Additional Revenues

Income received by a business or organization that is supplementary to its primary revenue sources, often from non-core business activities.

Retirement Savings Contributions Credit

A tax credit available to lower-income individuals making contributions to retirement accounts, encouraging savings.

Income Level

A measure of an individual or household's gross income before taxes and deductions.

Credit

A direct reduction of the tax owed to the government, distinct from deductions, which reduce the amount of income subject to tax.