Select one a 800 200 600 b 800 200 1000 Correct c 1000 800 1000 d 1500 700 2700

Select one a 800 200 600 b 800 200 1000 correct c

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Select one:a. 800; 200; 600b. 800; 200; 1,000 Correctc. 1,000; 800; 1,000d. 1,500; 700; 2,700FeedbackThe correct answer is: 800; 200; 1,000Question 56Correct2.50 points out of 2.50Not flaggedFlag questionQuestion textJay owns a classic car he purchased for $50,000. At a car rally a knowledgeable classic car enthusiast offers him $75,000 for the car. Based on this information:Select one:a. Jay's saving this year has increased by $25,000.b. Jay's saving this year has decreased by $25,000.c. Jay has experienced a $25,000 capital gain. Correctd. Jay's wealth is unchanged.FeedbackThe correct answer is: Jay has experienced a $25,000 capital gain.Question 57Correct
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2.50 points out of 2.50Not flaggedFlag questionQuestion textWhich of the following policies would be expected to increase private saving?Select one:a. Increasing the income tax.b. Reducing the tax rate on capital gains and dividends. Correctc. Providing more generous Social Security retirement benefits.d. Increasing job security.FeedbackThe correct answer is: Reducing the tax rate on capital gains and dividends.Question 58Correct2.50 points out of 2.50Not flaggedFlag questionQuestion textThe saving rate equals saving divided by:Select one:a. wealth.b. assets.c. liabilities.d. income. CorrectFeedback
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The correct answer is: income.Question 59Correct2.50 points out of 2.50Not flaggedFlag questionQuestion textPublic saving is positive when:Select one:a. there is a government budget surplus. Correctb. after-tax income of households and businesses is less than consumption expenditures.c. the government’s budget is balanced.d. after-tax income of households and businesses is greater than consumption expenditures.FeedbackThe correct answer is: there is a government budget surplus.Question 60Correct2.50 points out of 2.50Not flaggedFlag questionQuestion textWhich of the following policies would be expected to increase private saving?Select one:a. Replacing the income tax with a consumption tax Correctb. Increasing the tax rate on capital gains
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c. Providing more generous Social Security retirement benefitsd. Reducing the size of down payments needed to buy a houseFeedbackThe correct answer is: Replacing the income tax with a consumption tax
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  • Inflation, Correct Answer, d., gross domestic product

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