Multiple Choice
Why does Canadian public policy discourage saving?
A) because, other things the same, taxes increase the return from savings
B) because means-tested programs such as Old Age Security provide greater benefits to those who saved
C) because some forms of capital income are taxed twice
D) because capital gains are not taxed
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Suppose the economy goes into recession. Which
Q2: Suppose the budget deficit is rising 4
Q3: The rate of growth in the Debt
Q4: Consider a 25-year-old worker who saves $1000
Q5: Suppose that a country has an inflation
Q7: What effects does a higher rate of
Q8: Why are deficits undesirable?<br>A) They reduce future
Q9: Which statement best describes RRSP plans?<br>A) They
Q10: Suppose that a central bank is required
Q11: Which of the following represents the average