Post Utme Afe Babalola University 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2019 Economics Objective / Multiple Choice
Question 4 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2019 • ECONOMICS • objective

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

Answer Options

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 becomes negative
Correct Answer
B
Correct Option:
The government's revenue decreases

About This Question

This is Post Utme Afe Babalola University 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Afe Babalola University Economics examination.

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