Post Utme Bells University 2022 Economics Question 31
Practice objective / multiple choice question 31 from the 2022 Post Utme Bells University Economics examination.
The government of a country has decided to implement a new tax on luxury goods to reduce income inequality. The tax rate is 10% of the price of the good. If the price of a luxury good is ₦10,000, what is the amount of tax paid by the consumer?
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About This Question
This is Post Utme Bells University 2022 Economics Question 31. It is one of the objective questions from the 2022 Post Utme Bells University Economics examination.
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