With a large interest payment to service public debt, higher taxes may be required. Higher taxes may dampen incentives to bear risk, to innovate, to invest, and to work. These incentive reductions may?

Question

19-08-2022
Business

contestada

With a large interest payment to service public debt, higher taxes may be required. Higher taxes may dampen incentives to bear risk, to innovate, to invest, and to work. These incentive reductions may?

Respuesta :

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

For a segment of a radio show, a disc jockey can play 10 records. there are 14 records to select from, in how many ways can the program for this segment be arra

Which correctly describes a difference between the male and female reproductive systems?

Sergei considers the fish to be his friend. What details in the story reveal their conflict with each other? Can their relationship truly be called a friendship

While scuba diving Rajeev dove to a depth of 12.6 feet below the surface of the water and then descended another 8.7 feet What expression can be use to find Ra

Which compound inequality has no solution? x ≤ –2 and 2x ≥ 6 x ≤ –1 and 5x ≤ 5 x ≤ –1 and 3x ≥ –3 x ≤ –2 and 4x ≤ –8

Proteins have a variety of functions within a living cell. Describe at least three of the possible functions of proteins, and explain how proteins can be so div

When solving the equation which is the best first step to begin to simplify the equation ? -2(×+3)=-10?

Why does Pickering think higgins does not like parties

complete the square and then factor. x^2+4x=7

Bonds between two atoms that are equally electronegative are _____. bonds between two atoms that are equally electronegative are _____. ionic bonds hydrogen bon

rafikiedu08 rafikiedu08 · Answer 1 · 2022-08-26T08:10:46+02:00

Higher taxes could be needed to pay for the public debt's high interest rate. Increased taxes may reduce incentives for taking on risk, innovating, investing, and working. These decreases in incentives might indirectly impair economic growth .

What is Interest rate?

Interest is the fee you pay when you borrow money or the fee you charge when you lend money. Most frequently, interest is shown as an annual percentage of an advance's amount.
The interest rate on the loan is what is known as this rate. For instance, if you keep your money in an investing funds account, a bank will give you interest.
The bank pays you to keep your money on hand and use it to make contributions in other transactions. Alternately, the loan expert will charge you interest on top of the amount you borrowed if you borrow money to cover a large expense.

To know more about interest payments visit:

https://brainly.com/question/28236069?

#SPJ4