Post Utme Coal City University 2017 Economics Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2017 Economics Objective / Multiple Choice
Question 37 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • ECONOMICS • objective

A government imposes a tax on a good, which leads to a decrease in its demand. What is the effect 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 increases, but at a slower rate.
Correct Answer
B
Correct Option:
The government's revenue decreases.

About This Question

This is Post Utme Coal City University 2017 Economics Question 37. It is one of the objective questions from the 2017 Post Utme Coal City University Economics examination.

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