Consider the Circular Flow of Expenditure and Income in the Canadian

question 69

Multiple Choice

Consider the circular flow of expenditure and income in the Canadian economy.Which of the following is an injection into the circular flow?

• A)Bombardier imports machine parts from Germany.
• B)Bombardier exports subway cars to Mexico.
• C)Loblaws pays corporate income tax to the federal government.
• D)You put $500 into your TFSA (tax-free savings account).
• E)You make an online purchase from a U.S.retailer.

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Definitions:

Precautionary Principle

A safety principle requiring that an action or policy having the potential to cause harm to the public or to the environment should not be undertaken if the consequences are uncertain or potentially dangerous.

Environmental Protection

Efforts and policies aimed at conserving the natural environment and preventing further degradation due to human activity.

Sharks

A group of elasmobranch fish characterized by a cartilaginous skeleton, five to seven gill slits on the sides of the head, and pectoral fins that are not fused to the head.

People Per Year

A measurement or statistic that represents the number of individuals affected by or involved in a certain event or scenario on an annual basis.