Asked by mackenzie newland on Jul 29, 2024

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In the U.S., taxes are paid on one's _____ gains/returns. Therefore, a _____ inflation rate encourages more saving.

Inflation Rate

The rate of increase in prices across a broad spectrum of goods and services, resulting in reduced purchasing power.

Saving

The portion of income not spent on consumption but kept aside for future use, often in a deposit account or as an investment.

  • Evaluate the true returns on investments, factoring in taxes and inflation.
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SA
Saken AbdykarimovJul 29, 2024
Final Answer :
nominal, lower