1.

which of the following is an allowable deduction in the canadian PIT system

A.childcare expense

B.registered pension plan contributions

C.alimony payments

D. all of the above

2.

Suppose the compensated demand elasticity for good X is 0.6 and the compensated demand elasticity for good y is 0.3. according to the ramsey rule, which good should be taxed at a higher rate, good x or good y

3.

the excess burden of the corporate income tax is

A. almost zero

B. greatest when the interest elasticity of saving is zero

C. a result of the combined distortion in the pattern of investment and a reduction in total investment

D. none of these answers is correct

4.

a decrease in the tax rate on interest income will cause the inter-temporal budget constraint to _____ through the endowment point

A. pivot counter-clockwise/get less steep

B. shift outwards

C. pivot clockwise/get steeper

D. shift inwards

no explnation needed, i just need answers thanks