Question
(TCO A) Of the following, the most likely effect of an increase in income tax rates would be to a. decrease the savings rate. b.
(TCO A) Of the following, the most likely effect of an increase in income tax rates would be to
a. decrease the savings rate.
b. decrease the supply of loanable funds.
c. increase interest rates.
d. All of the above
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
