Which of the Following Would Likely Increase Private Saving

question 137

Multiple Choice

Which of the following would likely increase private saving?

• A)expansion of IRA type accounts and a consumption tax
• B)expansion of IRA type accounts, but not a consumption tax
• C)a consumption tax, but not expansion of IRA type accounts
• D)neither expansion of IRA type accounts nor a consumption tax

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Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is believed to contain the true population parameter with a certain level of confidence.

Population Average Amounts

The mean value calculated from the entire set of values in a population.

Age Groups

Categories of people of different ages, used for statistical analyses and recognizing demographic patterns.

Managers' Yearly Salaries

An annual financial compensation received by managers for their services to an organization.