Post Utme Babcock University 2023 Economics Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2023 Economics Objective / Multiple Choice
Question 25 POST_UTME_BABCOCK_UNIVERSITY • 2023 • ECONOMICS • objective

The government of a country has a fiscal policy objective of increa\sing government revenue by 10% within the next year. If the current tax rate is 20%, what is the required tax rate to achieve this objective?

Answer Options

A. 22%
Correct Answer B. 25%
C. 28%
D. 30%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Babcock University 2023 Economics Question 25. It is one of the objective questions from the 2023 Post Utme Babcock University Economics examination.

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