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40. What does the CPI measure? a) the inflation rate b) GDP c) the price of goods and services d) the changes in the level of prices of goods and services 41. Donald Trump mandated "Buy American" to all businesses: This is an example of a) protectionism b) Government fiscal policy c) Government monetary policy d) foreign social policy 42. Which of the following is NOT a source of revenue for the Government of Canada? a) income taxes 5) property taxes cl interest payments d) licensing fees 43. The economic question Why are diamonds more expensive than water?" is a classic ex a) Adam Smiths' Paradox of Value bi Keynes Theory of Economic Parity ") Consumer Equilibrium Theory d) Consumer Surplus Theoryd) Consumer Surplus Theory 44. What does the Latin phrase ceteris paribus mean in economic thinking? a) supply and demand b) all things being equal c) circular flow of income d) opportunity cost 45. The Financial Account in Canada represents: a) the part of the balance of payment account that totals direct investment and portfolio investment b) the part of the balance of payment account that totals government spending c) the part of the balance of payment account that totals cash inflow d) the part of the balance of payment account that totals migrant funds and total investment47. The merging of two firms involved in different stages of the production process of a good or service is an example of: a) horizontal integration b) vertical integration c) corporate alliance d) corporate concentration 48. We determined that most Canadians cannot survive on a minimum wage income because it will place them below the poverty line. What parameters define the poverty line? a) 55% of after tax income spent on necessities b) lowest 12% of wage earners c) substandard standard of living d) all of the above 49. The three main pillars of the Canadian social welfare state that protects the economic well-being of its citizens are: a) health care. CPP. education b) health care. education. social services c) family allowance. CPP. old age security d) education. unemployment insurance. family allowance 50. The overnight rate is a tool used by the Bank of Canada to control a) Monetary Policy b) Fiscal Policy c) Chartered Banks d) Corporate Businesses46. Which of the following is considered an intangible productive resource? a ) land b) capital c) raw materials di education