A Policy That Offers Parents a Tax Reduction Based on How

question 178

Multiple Choice

A policy that offers parents a tax reduction based on how much they are saving for their children's college education should ________ the equilibrium level of loanable funds and ________ the rate of long-term growth.

• A)decrease; increase
• B)increase; decrease
• C)decrease; decrease
• D)increase; increase

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Definitions:

Affirmations

Positive statements or declarations, often used in contracts, that something is true.

Relied On

Describes a situation or condition where trust or dependence is placed on someone or something for information, guidance, or support.

Comparative Negligence

A legal doctrine used to allocate damages when both parties are at fault, based on the degree of each party's negligence.

Apportions Damages

The process of dividing up and assigning responsibility for monetary compensation among different parties in a legal case.