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Jennthejelly Jennthejelly
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2 years ago
Which of the following best describes the Canadian federal government's system of "equalization payments"?

▸ Payments made by richer provinces to poorer provinces in the form of no-interest loans.

▸ Payments made to provinces with inadequate "tax room."

▸ Payments made out of the federal government's general revenues to provinces with below-average tax capacity.

▸ Payments made by provinces with above-average tax capacity to the federal government.

▸ Payments that were established in 1867 between the original provinces of Canada as a means of equalizing living standards across the country.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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daniboidaniboi
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2 years ago
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Jennthejelly Author
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2 years ago
this is exactly what I needed
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Smart ... Thanks!
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