If a Reduction in Taxes on Savings Reduced the Amount

question 36

Multiple Choice

If a reduction in taxes on savings reduced the amount of private saving,then the

• A)income effect equaled the substitution effect.
• B)income effect outweighed the substitution effect.
• C)the substitution effect outweighed the income effect.
• D)None of the above.

---

Definitions:

Employment Video

A digital or video format used by companies to showcase workplace culture, recruit employees, or provide training and guidelines for staff.

Application Messages

Communications sent to express interest in jobs or academic programs, typically including personal and professional information.

Sales Messages

Communications designed to persuade an audience to make a purchase or engage in a commercial transaction.

Written Documents

Physical or digital materials that contain written information or records, ranging from letters and emails to reports and books.