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If the demand curve for bikes shifts leftward and the supply curve for bikes shifts rightward, the equilibrium
Interest Income
Earnings from interest-bearing financial assets, such as loans, bonds, and savings accounts.
Capital Gains
The earnings obtained from an asset or investment when the sale price is higher than the initial buying price.
Marginal Tax Rates
The amount of tax paid on an additional dollar of income, which varies according to the income bracket of the taxpayer.
Provincial Tax Brackets
These are income range segments established by provincial governments in Canada, where each range is taxed at a specific rate, affecting how much income tax a person pays based on their income.
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