Which of the Following Statements Is Not Correct

question 376

Multiple Choice

Which of the following statements is not correct?

• A)Reducing taxes on interest income might encourage people to save more.
• B)Reducing taxes on interest income might reduce saving.
• C)A price increase will create income and substitution effects that will both always work to reduce consumption of the good.
• D)Utility is maximized when the marginal rate of substitution between any two goods equals the relative prices of the two goods.

Recognize the legal restrictions and implications surrounding methods used in the interrogation of suspected terrorists.

Understand the goals and structures of terrorist organizations, specifically al-Qaeda.

Comprehend the concept of state-sponsored terrorism.

Learn about the key legislation and governmental responses to terrorism.

---

Definitions:

Social Rank

A hierarchical position within a society based on factors like wealth, occupation, education, and lineage.

Caste System

A traditional social stratification system observed within certain cultures, notably in India, defined by hereditary classes.

Constitutionally Abolished

The formal removal of laws or practices through amendments to a constitution, making them legally invalid.

Social Mobility

An upward or downward change in one's social class position in a stratified society.