Railroad Pools

question 83

Multiple Choice

Railroad pools

• A)were popular with consumers.
• B)cut rates by combining operations.
• C)usually functioned for a long time.
• D)were agreements among companies to keep prices high through not competing for business.

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Definitions:

Value

The worth or importance of something, often determined by its utility, scarcity, or demand.

HST

Harmonized Sales Tax, a combined tax that includes both federal and provincial sales taxes, applied in some regions of Canada.

Pay-No-HST

A situation or offer where the Harmonized Sales Tax (HST) is not applied, making the purchase effectively tax-free.

Cumulative Investment

The total amount of money that has been invested over a period, including reinvested earnings.