A Reduction in the Tax Rate on Income from Saving

question 118

Multiple Choice

A reduction in the tax rate on income from saving would do which of the following?

• A)It would most directly benefit the poor in the short run.
• B)It would increase real wages over time.
• C)It would decrease the capital stock over time.
• D)It would decrease productivity over time.

---

Definitions:

Police

Law enforcement officers whose duty is to maintain public order, protect citizens, and enforce laws.

Criminal Record

A documented history of an individual's criminal convictions and offenses.

Job Interview Offers

Invitations extended to candidates to attend a formal discussion to determine their suitability for a specific employment position.

Race

A social construct that categorizes people based on physical characteristics, such as skin color, as well as historical, cultural, and political factors.