The Canadian Government Introduced the Tax-Free Savings Account (TFSA)in 2009,which

question 16

Multiple Choice

The Canadian government introduced the Tax-Free Savings Account (TFSA) in 2009,which allows Canadians to earn tax-free investment returns on a limited amount of savings each year.What is the underlying goal of such a government policy?

• A)to decrease the supply of financial capital to the economy
• B)to increase government tax revenues
• C)to maintain upward pressure on the equilibrium interest rate
• D)to increase investment demand of Canadian firms
• E)to increase desired saving of Canadian households

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Definitions:

Sociopath

A term often used to describe a person with Antisocial Personality Disorder, characterized by a lack of empathy and manipulative or harmful behavior.

Psychopath

A phrase commonly referring to an individual diagnosed with Antisocial Personality Disorder, noted for their absence of empathy and engagement in manipulative or damaging actions.

Sadistic

Pertains to the tendency to derive pleasure from inflicting pain, suffering, or humiliation on others.

Cunning

Exhibiting ingenuity, skill, or craftiness in achieving one's ends through indirect, deceptive, or underhanded means.