Post Utme Al Hikmah University 2024 Economics Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2024 Economics Objective / Multiple Choice
Question 28 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • ECONOMICS • objective

A government is considering implementing a value-added tax (VAT) to increase revenue. Which of the following is a potential benefit of VAT?

Answer Options

Correct Answer A. Increased tax revenue
B. Reduced tax evasion
C. Improved tax fairness
D. Increased economic growth
Correct Answer
A
Correct Option:
Increased tax revenue

About This Question

This is Post Utme Al Hikmah University 2024 Economics Question 28. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Economics examination.

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