Governments Directly Create Interest Groups

question 42

True/False

Governments directly create interest groups.

---

Definitions:

Net After-Tax Salvage Value

The estimated resale value of an asset at the end of its useful life, minus any removal or disposal costs, and adjusted for taxes.

Recapture

A tax provision where previously deducted or credited amounts are added back to income.

Tax Rate

The share of income that is required to be paid to the government by an individual or corporation as tax.

Mutually Exclusive Projects

Projects that, if accepted, preclude the acceptance of any other projects within the same category.