One of the Motivations for Making a Gift Is to Save

question 41

True/False

One of the motivations for making a gift is to save on income taxes.

---

Definitions:

Normative Economics

Judgments about “what ought to be” in economic matters. Normative economic views cannot be proved false because they are based on value judgments.

Unintended Consequences

Outcomes that are not the ones foreseen or intended by a purposeful action.

Sunspot Activity

Describes the phenomena of magnetic storms on the Sun's surface, manifesting as sunspots, which can affect Earth's magnetic field and thus potentially influence global climate and telecommunications.

Association

An organized group of people who share a common interest, purpose, or profession.