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Which of the Following Is the Best Explanation of Guaranteed

Question 28

Multiple Choice

Which of the following is the best explanation of Guaranteed Income Supplement?


A) a monthly benefit offered by provincial governments to low-income seniors
B) a benefit based on a person's age and years as a Canadian resident
C) taxable income in the hands of the recipient
D) an additional monthly benefit paid to seniors who receive the OAS

Correct Answer:

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