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.

---

Definitions:

Habit Method

A technique in behaviorism for forming or breaking habits through repeated practice and reinforcement.

Tolman

An American psychologist known for his work on cognitive maps and latent learning, suggesting that behavior is purposeful and goal-directed.

Specific Outcomes

The distinct results or consequences that can be expected from a certain action or event, often used in the context of goal setting and achievement.

Behavior

refers to the actions or reactions of an organism, usually in relation to its environment.