The Canadian Policy of Taxing Old,but Not New,oil Wells in Alberta

question 20

Multiple Choice

The Canadian policy of taxing old,but not new,oil wells in Alberta in Alberta in the 1970s, I: was an ingenious way to tax oil rigs that were already located within Canada without discouraging exploration for new oil reserves;
II: was ill-conceived since it ignored the time-inconsistency problem.

• A) I is true; II is not.
• B) II is true; I is not.
• C) Both I and II are true.
• D) Neither I nor II is true.

---

Definitions:

Reliability and Validity

The consistency and accuracy of a measurement or test, respectively.

Critical-Incident Technique

A method used in qualitative research and management to identify significant events or actions that contributed to a particular outcome, focusing on specific examples and experiences.

Running Log

A record or journal maintained by runners to track their training, including distances run, times, and any other relevant details.

Ineffective Job Behaviours

Actions or attitudes demonstrated by employees that negatively impact their performance, the performance of others, or the overall functioning of the organization.