Proponents of Tax-Law Changes to Encourage Saving Would

question 26

Multiple Choice

Proponents of tax-law changes to encourage saving would

• A)argue that corporate tax rates should be decreased.
• B)increase the number of government benefits which are means-tested.
• C)argue that state sales tax should be replaced with state income tax.
• D)favor none of the above programs.

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Definitions:

Self-restraint

The ability to control one's emotions, desires, or actions through one's own will.

Cognitive Dissonance

The uneasiness experienced due to harboring more than one contradictory belief, idea, or value in tandem.

Social Loafing

The phenomenon where individuals exert less effort when working in a group than when working individually.

Conformity

The adjustment of one's behavior or beliefs to match those of others, often due to real or imagined group pressure.