High Rates of Saving Today Contribute to ______ in the Future

question 158

Multiple Choice

High rates of saving today contribute to ______ in the future.

• A)higher tax rates
• B)more unemployment
• C)a higher standard of living
• D)more capital gains

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Definitions:

Kantianism

Kantianism is a philosophical doctrine based on the works of Immanuel Kant, emphasizing the principles of universal morality, duty, and the importance of intention behind actions.

Rights Theory

A framework in ethics and philosophy that holds certain rights as fundamentally important to human beings, which must be respected and protected.

Deontological Theory

An ethical framework that judges the morality of an action based on the action's adherence to rules or duties, rather than the consequences of the action.

Utilitarian Theory

A theory in ethics and philosophy that actions are right if they are useful or for the benefit of a majority.