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If the Conservative Government Is Successful in Achieving Their Tax

question 8

Multiple Choice

If the Conservative government is successful in achieving their tax reduction strategy,targeted for the years 2006 to 2014,it will bring federal tax revenue to its lowest level in how many years?


Definitions:

Derivative

A financial tool whose worth derives from the worth of a different asset.

Call Option

A call option is a financial contract giving the buyer the right, but not the obligation, to buy an underlying asset at a specified price within a predetermined time frame.

Economic Exposure

The risk that a company's cash flow and market value may be affected by unexpected changes in exchange rates.

Financial Risk

The possibility of losing money on an investment or business venture.

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