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Zepler [3.9K]
2 years ago
13

If Congress increased the tax rate on interest income, investment a. and saving would increase. b. would increase and saving wou

ld decrease. c. would decrease and saving would increase. d. and saving would decrease.
Business
1 answer:
vagabundo [1.1K]2 years ago
6 0

Answer:

The correct answer is letter "D": and saving would decrease.

Explanation:

Increases in interest rates are not beneficial for economic growth. <em>By paying more taxes companies' revenues are reduced discouraging entrepreneurs to go on new ventures</em>. Besides, entities would be pushed to take measures such as lay-offs to compensate part of the losses due to paying more taxes. <em>If unemployment increases the household savings tend to decrease.</em>

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Since the company's pay scale meets the industry norm but does not exceed it, and the managers tend to stay at the same job level for a long time, then the company will score low on in a JDI survey in the area of pay satisfaction and promotion satisfaction.

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Was higher.

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3 years ago
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Answer:

B. Make sure each main point is brief

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3 years ago
Read 2 more answers
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