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Title: Suppose that interest income is exempted from taxation, which costs the Treasury $100 billion in tax ... Post by: bedau on Jul 26, 2017 Suppose that interest income is exempted from taxation, which costs the Treasury $100 billion in tax revenues, while at the same time transfer payments are reduced by $100 billion. Together, these two changes in fiscal policy ________ national saving while moving the distribution of income toward greater ________ .
A) reduce, equality B) reduce, inequality C) increase, equality D) increase, inequality E) do not affect, equality Title: Re: Suppose that interest income is exempted from taxation, which costs the Treasury $100 billion in ... Post by: thecrom on Jul 26, 2017 Content hidden
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