A good example of a policy to increase an economy's saving rate is ________.
A)to reduce poverty
B)to increase the economic growth rate
C)to increase government spending
D)to reduce interest rates
E)to increase sales taxes

Question

Quizplus · Accepted Answer

Increasing sales taxes can encourage saving by reducing disposable income, thereby discouraging consumption and potentially increasing the saving rate.

A Good Example of a Policy to Increase an Economy's