The Effects of Tax Incentive Programs Such as RRSP and TFSA

question 51

Multiple Choice

The effects of tax incentive programs such as RRSP and TFSA accounts suggest that these government programs designed to increase saving lead to ________ in the private capital stock.

• A) virtually no change
• B) a slight decrease
• C) a slight increase
• D) a significant increase

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Definitions:

Operant Responding

A type of learning where behavior is controlled by consequences, including rewards and punishments.

Operant Conditioning

An approach to learning in which behavior strength is shaped by either reinforcing positive actions or administering punishments.

Successive Approximations

A technique in behaviorism used to train a new behavior by rewarding actions that are progressively closer to the desired behavior.

Rewards

Positive reinforcements that encourage certain behaviors by providing a desirable outcome or benefit when those behaviors are performed.