How Many Days After the End of the Year Are

question 79

Multiple Choice

How many days after the end of the year are you allowed to still contribute to an RRSP and still claim it for the most recent take year?

• A)15
• B)30
• C)45
• D)60
• E)90

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Definitions:

Economy

The system of production, distribution, and consumption of goods and services in a particular geographic region or country.

Business Cycle Dating Committee

A group of economists that determines the dates of the beginning and end of recessions, marking the business cycle's phases.

Peaks And Troughs

Describes the high and low points in economic, financial, or business cycles, indicating periods of maximum and minimum activity or value.

Real GDP

Gross Domestic Product adjusted for inflation, which reflects the value of all goods and services produced by an economy in a year, measured in constant prices.