Which of the Following Statements Is True of the Income

question 1

Multiple Choice

Which of the following statements is true of the income of Canadians?

• A)Family income distribution in Canada is similar across its provinces.
• B)Underclass Canadians are just above poverty.
• C)The majority of the Canadians fall in the middle-class category.
• D)The richest 20 percent of Canadians spend 5 or 6 times more than the poorest 20 percent of Canadians.
• E)Most families experienced real income growth after 1980, and their health care costs, property taxes, and tuition bills have risen at a much slower rate than inflation.

---

Definitions:

Price Fixing

An illegal agreement among competitors to set, raise, or stabilize prices or competitive terms.

Criminally Liable

The legal responsibility one holds for committing a crime, subjecting them to criminal prosecution and penalties.

Vicarious Liability

A legal principle where an individual or entity is held responsible for the actions or omissions of another person, typically in employment situations.

Scope of Employment

Refers to the range of activities and duties that an employee is expected to perform as part of their job.