Which of the following statements is true? A) Savings of households a
Which of the following statements is true?
A) Savings of households are independent of tax rates.
B) Higher interest rates typically encourage more savings.
C) An increase in the consumption of households increases savings of the households.
D) Households that expect an increase in future earnings are likely to save more.
ANSWER
B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.