Chapter 7R, Problem 20MCQ

To determine

To find:

Factor that do not cause lead to growth.

Explanation of Solution

To put it simply, taxes have been around for millennia and have been gradually rising each year. Any country's economy can suffer fatally from high tax rates, which can impede economic expansion. The health of an economy and taxes are closely related. While taxes are required for a government, excessive taxing may have a negative impact on the economy. The economy might be restored to health with the use of lenient penalties and extended tax payment deadlines.

Hence the correct option is B.