Which of the Following Is Part of the Cost of Income

question 267

Multiple Choice

Which of the following is part of the cost of income transfers?

• A) Tax-collecting agencies cost money to administer.
• B) Taxing incomes encourages people to work harder.
• C) Income transfers make the results more unfair.
• D) Income transfers increase the size of the economic pie.
• E) Income transfers are a similar to allocating resources using a lottery.

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Definitions:

Non-Canadian Ship

A vessel that is registered under the flag of a country other than Canada, subject to the maritime laws of its flag state.

Canadian Coastal Trade

The transport of goods or passengers between two points within Canada by sea, subject to specific regulations and protections.

Shipworkers' Trade Union

An organization that represents the interests and rights of workers in the shipping or maritime industry.

Labour Relations Board

A regulatory body that oversees and enforces labor laws related to the rights of employers and employees, including union activities and collective bargaining.