Gluskin Sheff Economist Gives Thumbs Down to Border Tax
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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary concern about the border adjustment tax according to the speaker?
It will decrease corporate taxes.
It will increase trade surpluses.
It will be welcomed by economists.
It is a form of trade protectionism.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major bottleneck in passing a tax reform bill?
Increasing the fiscal deficit.
Ensuring the bill is revenue-neutral.
Simplifying the corporate tax system.
Reducing the GDP growth rate.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Federal Reserve view an increase in the fiscal deficit?
It will not accommodate any increase.
It will ignore the fiscal deficit.
It will accommodate any increase.
It will support a moderate increase.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could cause the market to become impatient with the new administration?
A relapse in the economy.
A lack of tax reform in six months.
An increase in trade surpluses.
A decrease in corporate earnings.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Besides tax reform, what other factors are influencing the market according to the speaker?
Only corporate tax rates.
Only fiscal deficit changes.
Only trade deficits.
Deregulation and geopolitical events.
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