Post Utme Christopher University 2019 Economics Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2019 Economics Objective / Multiple Choice

Question 33 POST_UTME_CHRISTOPHER_UNIVERSITY • 2019 • ECONOMICS • objective

A government imposes a tax of 10% on a good. U\sing the concept of the Laffer curve, determine the effect on government revenue.

Answer Options

A. Government revenue increases

Correct Answer B. Government revenue decreases

C. Government revenue remains cons\tant

D. Government revenue increases at first and then decreases

Correct Answer

Correct Option:

Government revenue decreases

About This Question

This is Post Utme Christopher University 2019 Economics Question 33. It is one of the objective questions from the 2019 Post Utme Christopher University Economics examination.

View More Post Utme Christopher University 2019 Economics Questions More Post Utme Christopher University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support