Post Utme Aaua 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Aaua Economics examination.

Post Utme Aaua 2017 Economics Objective / Multiple Choice

Question 24 POST_UTME_AAUA • 2017 • ECONOMICS • objective

A government imposes a tax on a particular good, which leads to a decrease in the quantity demanded of the good. What is the effect of this tax on the government's revenue?

A. The government's revenue increases

Correct Answer B. The government's revenue decreases

C. The government's revenue remains the same

D. The government's revenue increases at a decrea\sing rate

Correct Answer

Correct Option:

The government's revenue decreases

This is Post Utme Aaua 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Aaua Economics examination.

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