Which of the following would be conducive to developing and commercializing a new technology?
A) keeping personal tax rates low to encourage consumption
B) using monetary policy to keep interest rates high
C) policies to encourage investment in plant and equipment
D) eliminating tax provisions that allow firms to depreciate their plant and equipment
E) providing more funds for low-income families

Question

Quizplus · Accepted Answer

Policies that encourage investment in plant and equipment can help businesses develop and commercialize new technology by providing the necessary resources for research, development, and production.

Answer: D
 Eliminating tax provisions that allow firms to depreciate their plant and equipment could discourage investment in new technology since it would increase the cost of acquiring and maintaining the necessary equipment.

Which of the Following Would Be Conducive to Developing and Commercializing