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Types of expenses, types of accommodations
Contributed by: Moore
  • 1. Income Tax is:
A) paid to the City of Hamilton and withdrawn from your bank account every month.
B) paid by you after the government tells you how much you need to pay.
C) automatically refunded to you every April.
D) paid to the federal government and deducted from your gross pay.
  • 2. Employment Insurance is:
A) a lump-sum payment given to you by your employer if you lose your job.
B) money deducted from your pay that can be used in case you lose your job.
C) money given to you by the Ontario government when you are unable to work anymore.
D) money that you must save yourself in case you lose your job.
  • 3. A condo is
A) always part of a high-rise building.
B) an apartment that you can buy.
C) a fancy apartment that you can rent.
D) always very expensive.
  • 4. A semi-detached house
A) shares only one wall with a neighbour.
B) is an "end unit" in a housing complex.
C) is in very poor repair and has one wall that is open to the outside.
D) has a "finished" basement with a full bathroom and kitchen.
  • 5. Typically, this type of accommodation is the least expensive:
A) a townhouse
B) the upstairs of a house
C) a bachelor apartment
D) a rented room
  • 6. Which of the following is a "non-essential" expense?
A) shelter
B) hydro
C) internet
D) groceries
  • 7. Abdi is paid bi-weekly. Which statement is correct?
A) When he is paid depends on his rate of pay.
B) He is paid every 25th of the month.
C) He is usually paid twice a month. And twice a year, he is paid three times in a month.
D) He is always paid twice a month.
  • 8. Efrah lives in an apartment, which of these amenities must she have?
A) laundry facilities
B) gym
C) free parking space
D) swimming pool
  • 9. CPP is:
A) the Cannabis Prevention Police
B) the Canadian Provincial Police.
C) a pension plan that all Canadians pay in to.
D) a pension plan that only certain Canadians have access to.
  • 10. If Abdulhamid pays $950 per month in rent, how much does he pay annually?
A) $9,500
B) $11,400
C) $962
D) $79.17
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