The First 3 Columns of the Following Table Show Data

question 133

Multiple Choice

The first 3 columns of the following table show data for a representative firm in an industry.The last 3 columns show the market demand and supply for the type of labour employed by this firm.

-What has happened to the demand for and the supply of labour in Canada over the last forty years?

• A)The demand has increased and the supply has decreased.
• B)The supply has increased and the demand has decreased.
• C)Both the demand and the supply have increased.
• D)Both the demand and the supply have decreased.
• E)The demand has increased but the supply has remained unchanged.

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed.

CCA Rate

Capital Cost Allowance Rate, a tax deduction in some jurisdictions that reflects the depreciation of property, plant, and equipment.

CCA Class

In the context of Canadian tax, a classification for tax purposes that dictates the rate at which assets can be depreciated for tax deductions.

After-Tax Lease Payment

The lease payment amount remaining after taxes have been deducted, reflecting the net cost to the lessee.