Asked by Tatum Sobota on May 03, 2024

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When tax code changes reduce saving incentives, the interest rate will _____ and investment will _____.

Saving Incentives

Financial or regulatory measures designed to encourage individuals or businesses to save more money.

Interest Rate

This represents the percentage of the principal that lenders charge borrowers for the access to assets.

Investment

Allocation of resources, usually money, in the expectation of generating an income or profit.

  • Comprehend the functions of incentives for saving and investing within economic policy.
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GR
Grace RigdonMay 09, 2024
Final Answer :
rise, decrease