Which of the Following Would Encourage Economic Growth Through Increases

question 189

Multiple Choice

Which of the following would encourage economic growth through increases in the capital stock?

• A)a change from an income tax to a consumption tax
• B)an increase in household saving
• C)a decrease in the government deficit
• D)all of the above

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Definitions:

Woodrow Wilson

The 28th President of the United States (1913-1921), known for leading the country during World War I, advocating for the League of Nations, and implementing progressive domestic policies.

League of Nations

An international organization founded after World War I to promote world peace and cooperation, but was ultimately unable to prevent World War II, leading to its replacement by the United Nations.

Treaty of Versailles

The peace treaty that ended World War I, signed in 1919, which imposed heavy reparations and territorial losses on Germany, contributing to economic hardship and political instability in Germany.

German Military

The armed forces of Germany, historically known for its role in both World Wars and its transformation post-World War II with the establishment of the Bundeswehr in 1955.