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If Taxes Are Reduced,will Most People Save More or Less

question 33

Essay

If taxes are reduced,will most people save more or less than before? Does national saving rise or fall? Explain.


Definitions:

Avoidance-avoidance

A decision-making process involving a choice between two equally undesirable outcomes or options.

Approach-approach

A conflict arising from having to choose between two desirable outcomes.

Double approach-avoidance

A psychological conflict that involves being torn between two goals, each possessing both appealing and negative aspects.

Control

The power to influence or direct people's behavior or the course of events.

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