Which of the Following Is NOT a Member of the Tri-Council

question 3

Multiple Choice

Which of the following is NOT a member of the Tri-Council in Canada,from which the Tri-Council Policy Statement (TCPS) derives its name?

• A) National Research Council Canada (NRC)
• B) Natural Sciences and Engineering Research Council of Canada (NSERC)
• C) Social Sciences and Humanities Research Council of Canada (SSHRC)
• D) Canadian Institutes of Health Research (CIHR)

Describe the primary sources and categories of federal tax receipts.

Calculate and understand average and marginal tax rates.

Recognize the demographic trends affecting government budget deficits.

Identify the relationship between income levels, tax burdens, and equity in a tax system.

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Definitions:

Market Return

The total return on an investment, consisting of income and capital gains relative to market movements over a specified time frame.

T-Bills

Short-term debt securities issued by the U.S. government.

Cyclical Stock

Equities whose prices are affected by macroeconomic, systemic changes in the economy, often correlated with economic cycles of expansion and recession.

Boom Economy

A period of significant economic growth, high employment, and increasing wealth.