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Suppose a Prime Ministerial Candidate Promises to Increase the Government

question 21

Essay

Suppose a prime ministerial candidate promises to increase the government budget surplus and claims that doing so will stop Canadian citizens from investing in foreign companies and increase the value of the dollar. Evaluate this promise.


Definitions:

Profit

The financial gain that is made when the revenue from business activities exceeds its costs.

Limited Partnership

is a form of partnership characterized by having one or more general partners with unlimited liability, and one or more limited partners whose liability is limited to the amount of their investment.

Management Participation

The involvement or engagement of managerial staff in the planning and decision-making processes of a business or organization.

Liability

The state of being legally responsible for something, particularly in terms of debts or legal obligations.

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