Previous policies to increase saving in the United States have included fiscal policy measures to exempt a

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Previous policies to increase saving in the United States have included fiscal policy measures to exempt a part of individuals’ savings from income taxes (e.g., the creation of IRAs).

According to the precepts of behavioral economics, do you think these measures could have a significant impact on the U.S. savings rate?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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Previous policies to increase saving in the United States have included fiscal policy measures to exempt a

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ANSWER Behavioral economics suggests that individuals decisions are influenced not only by rational considerations but also by psychological and emoti...View the full answer

Macroeconomics Policy And Practice

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