Recording Which of the following statements about standard deviation is CORRECT? O Indicates how much an investment's performance fluctuates around its average historical return. OA standard deviation greater than one indicates a higher level of volatility than the market. O Measures the systematic risk of an investment relative to a benchmark index O Standard deviation is also referred to as beta. Which statement regarding Canada's income tax system is CORRECT? O Federal and provincial income tax brackets are both progressive and each respective jurisdiction determines the tax rates that will be used. Once a person's taxable income reaches the next income tax bracket level, all income is subject to be taxed at the higher tax rate. O Tax credits will reduce an individual's taxable income and may lower that person's top marginal tax rate. After federal and provincial tax rates have been applied to a person's taxable income, tax deductions are then applied to reduce taxes.
Recording Which of the following statements about standard deviation is CORRECT? O Indicates how much an investment's performance fluctuates around its average historical return. OA standard deviation greater than one indicates a higher level of volatility than the market. O Measures the systematic risk of an investment relative to a benchmark index O Standard deviation is also referred to as beta. Which statement regarding Canada's income tax system is CORRECT? O Federal and provincial income tax brackets are both progressive and each respective jurisdiction determines the tax rates that will be used. Once a person's taxable income reaches the next income tax bracket level, all income is subject to be taxed at the higher tax rate. O Tax credits will reduce an individual's taxable income and may lower that person's top marginal tax rate. After federal and provincial tax rates have been applied to a person's taxable income, tax deductions are then applied to reduce taxes.
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.16P
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