1. Business
  2. Economics
  3. part a 15 marks for each part total 20 marks...

Question: part a 15 marks for each part total 20 marks...

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Part A: 15 marks for each part- total 20 marks] For each of the following terms/phrases, briefly define the term or phrase and explain why it is important in discussions of Canadian tax policy. 1. Residence-based taxation 2. Horizontal equity 3. Utility possibilities frontier 4. Social welfare function.
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