113 review questions copy

6 per hour after a training period of 500 hours b 8

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Unformatted text preview: r hour (after a training period of 500 hours) B. $8 per hour (after a training period of 500 hours) C. $10 per hour (after a training period of 500 hours) D. $12 per hour (after a training period of 500 hours) 24. Interest payments on a home mortgage are tax deductible A. in the US but not in Canada B. in both the US and Canada C. in Canada but not the US D. in neither the US nor Canada 25. The average annual immigration intake for Canada over the past ten years is around A. 1 million B. 520,000 C. 230,000 D. 120,000 4 Answer Key 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. B C A B D B D D B D C* D C C D D B C B B B D B A C * More accurately, they are owned by “Her Majesty in the Right of British Columbia”. This reflects the legal reality that Canada is a constitutional monarchy rather than a Republic. 5 Economics 113 Introduction to Economics for Policy Analysis Review Questions Topic 2 1. A key implication of resource scarcity is that A. great...
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