In a Study of Over 7700 New Immigrants, What Percentage

question 43

Multiple Choice

In a study of over 7700 new immigrants, what percentage of these workers with foreign credentials had received recognition for these credentials within four years of arriving in Canada?

• A) 33%
• B) 12%
• C) 50%
• D) 28%
• E) 67%

Explain the tax treatment of income from flow-through entities.

Identify the different schedules used to report income from real estate and other rental properties.

Describe the criteria for determining capital improvements versus repair and maintenance expenses.

Understand the methods for allocating expenses between personal and rental use of a property.

---

Definitions:

Short-run Equilibrium

A state in which market supply and demand balance each other, and, as a result, prices become stable temporarily.

Global Pollution

Environmental damage that crosses international borders, affecting air, water, and land on a worldwide scale.

Aggregate Supply

The total supply of goods and services that firms in an economy are willing to sell at a given overall price level and in a given time period.

Aggregate Demand

The combined appetite for every good and service across an economy, pegged at a general price level during an established time period.