Which of the Following Would Likely Increase Private Saving

question 30

Multiple Choice

Which of the following would likely increase private saving?

• A)Both expansion of IRA type accounts and a consumption tax.
• B)Expansion of IRA type accounts,but not a consumption tax.
• C)A consumption tax,but not expansion of IRA type accounts.
• D)Neither expansion of IRA type accounts nor a consumption tax.

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Definitions:

Metamorphic Minerals

Minerals formed through the process of metamorphism, which involves the alteration of mineralogical composition of pre-existing rocks under conditions of high temperature and pressure.

Garnet

A fairly common silicate mineral with a distinctive shape but nearly any color (red is most common).

Chlorite

Chlorite refers to a group of minerals that often occurs as green flakes in metamorphic rocks and is characterized by its sheet silicate structure.

Thrust Fault

A type of geological fault where one rock stratum is pushed up and over another because of compressional forces, often associated with mountain building.