Which of the Following Would Proponents of Tax-Law Changes to Encourage

question 83

Multiple Choice

Which of the following would proponents of tax-law changes to encourage saving most likely do?

• A)They would argue that corporate tax rates should be increased.
• B)They would argue in favour of eliminating or reducing the means tests for government benefits.
• C)They would argue that provincial sales tax should be replaced with provincial income tax.
• D)They would argue in favour of taxing more the rich and less the poor.

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Definitions:

Mean

The arithmetic average of a set of values or quantities, calculated by dividing the total of all values by the number of values.

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, used as a basis for comparison with other normal distributions.

Random Variable

A variable that takes on different values randomly, each with a particular probability associated with it.

Standard Deviations

Measures of dispersion that indicate how spread out the values in a data set are around the mean.