Which of the Following Is True

question 53

Multiple Choice

Which of the following is true?

• A)Marginal tax rates that take a large share of income will enhance the incentive of individuals to invest and engage in productive activities.
• B)High tax rates will tend to drive investment funds and highly productive citizens to other countries where tax rates are lower.
• C)As marginal tax rates increase, individuals get to keep a larger share of their earnings.
• D)Countries can gain by imposing higher tariffs and other barriers that will restrain international trade.

---

Definitions:

Social Structure

The organized pattern of social relationships and social institutions that constitute society.

Short-Term Orientation

A cultural or individual preference for immediate outcomes and gratification, focusing on the present rather than the future.

Future Rewards

pertains to benefits or recognitions that are anticipated in the future as a result of specific actions or behaviors today.

Social Obligations

Duties or responsibilities that individuals are expected to fulfill in their interactions with other members of society.