The Effects of Tax Incentive Programs Such as RRSP and TFSA

question 15

Multiple Choice

The effects of tax incentive programs such as RRSP and TFSA accounts suggest that these government programs designed to increase saving lead to

• A) a decrease in the private capital stock.
• B) decreased labour productivity.
• C) an increase in the standard of living.
• D) an increase in the real interest rate.

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Definitions:

Thermus Aquaticus

A species of bacteria that is thermophilic and was the original source of the enzyme Taq polymerase, widely used in PCR techniques.

Polymerase Chain Reaction

A laboratory technique used to amplify segments of DNA for various genetic analyses.

Genetic Engineering

Human-induced changes in the genome of an organism, often performed for the benefit of humans.

DNA Fingerprinting

A technique used to identify individuals based on unique patterns of their DNA, commonly used in forensics, paternity testing, and genetic testing.