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Jacob is deciding how much of his paycheck to save

Economics Aug 17, 2020

Jacob is deciding how much of his paycheck to save. On what does his incentive to save depend?

Group of answer choices

 

 

the marginal tax rate only

 

the federal tax rate only

 

both the interest rate and the marginal tax rate on the next dollar of income

 

both the interest rate and the federal tax rate on the next dollar of income

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