c. They encourage individuals to Invest more in education In order to boost the stock of human capital.2 Government grants patents for Inventions.2 Tax credits for R&D costs.Grants from National Institute of Health.2 Grants from National Sclence Foundation.2 Lower tax rates on Income earned through savings.2 Retirement savings plans.? Health savings accounts.7 education saving account.7 Establish a system of public schools and universitles.2 Government-provided student loans.7 Education subsidles for veterans. Policy makers In the Canadian government have long tried to write laws that encourage growth In per capita real GDP. These lawstypically do one of three things:a. They encourage firms to Invest more in research and development in order to boost technology.b. They encourage Individuals to save more In order to boost the physlcal capital stock.c. They encourage individuals to Invest more in education In order to boost the stock of human capital.For each of the above three points, name a law or government program with that Intentlon.Instructions: You may select more than one answer. Click the box with a check mark for correct answers, and click to empty the box forthe wrong answers.a. They encourage firms to Invest more in research and development in order to boost technology.? Lower tax rates on Income earned through savings.? Retirement savings plans.2 Government grants patents for Inventions.? Government-provided student loans.7 Grants from National Institute of Health.2 Establish a system of public schools and unlversitles.? Health savings accounts.7 Education subsidies for veterans.E Grants from National Sclence Foundation.2 education saving account.2 Tax credits for R&D costs.b. They encourage Individuals to save more in order to boost the physical capltal stock.2 education savling account.7 Tax credits for R&D costs.2 Establish a system of public schools and unlversitles.2 Government-provided student loans.2 Retirement savings plans.2 Health savings accounts.? Grants from National Institute of Health.2 Lower tax rates on Income earned through savings.? Education subsidles for veterans.? Grants from National Sclence Foundation.E Government grants patents for Inventlons.

1)Encourage more to invest in education to boost human capital. a)Education saving account.…

7 Government grants patents for Inventions. 7 Tax credits for R&D costs. Grants from National Institute of Health. 2 Grants from National Sclence Foundation. 2 Lower tax rates on Income earned through savings. Retirement savings plans. 2 Health savings accounts. 7 education saving account. 7 Establish a system of public schools and universitles. 2 Government-provided student loans. 2 Education subsidles for veterans.

7 Government grants patents for Inventions. 7 Tax credits for R&D costs. Grants from National Institute of Health. 2 Grants from National Sclence Foundation. 2 Lower tax rates on Income earned through savings. Retirement savings plans. 2 Health savings accounts. 7 education saving account. 7 Establish a system of public schools and universitles. 2 Government-provided student loans. 2 Education subsidles for veterans.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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