The Most Important Reason for Our Slow Rate of Productivity

question 200

Multiple Choice

The most important reason for our slow rate of productivity growth over the last three decades (of those listed below) is

• A)lagging business sales.
• B)foreign imports.
• C)our low savings rate.
• D)high tax rates.

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Definitions:

FVTOCI

stands for Fair Value Through Other Comprehensive Income, a classification under IFRS for financial assets that are measured at fair value with fluctuations recorded in other comprehensive income.

Share Price

The price at which a single share of a company's stock is bought or sold in the market.

ASPE

Accounting Standards for Private Enterprises, a set of accounting practices and principles for private companies in Canada.

Equity Basis

An accounting method where investments are recorded at the original cost plus or minus any subsequent changes in the value of the invested assets, often used in consolidation.