Which of the Following Government Policies Would Most Likely Result

question 173

Multiple Choice

Which of the following government policies would most likely result in an increase in economic growth?

• A)a decrease in the life of a patent from 20 years to 15 years
• B)a decrease in the interest rate at which the government provides student loans
• C)a decrease in government spending on grants issued through the National Institutes of Health
• D)decreased copyright protection on music and movies
• E)an increase in taxes on research and development spending

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Definitions:

Initial Investments

The initial amount of money that is put into a project, business, or investment.

Initial Investments

The upfront capital or resources expended to start a project, acquire an asset, or establish a business.

Income Taxes

Taxes imposed by the government on the income earned by individuals and corporations.

Working Capital

The difference between a company's current assets and current liabilities, indicating the available short-term resources to fund operations.