Post Utme Delsu 2019 Economics Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Delsu Economics examination.

Post Utme Delsu 2019 Economics Objective / Multiple Choice

Question 20 POST_UTME_DELSU • 2019 • ECONOMICS • objective

The concept of taxation is a fundamental principle in public finance. Which of the following statements best describes the concept of taxation?

Correct Answer A. The compulsory payment of money by individuals or bu\sinesses to the government

B. The payment of money by individuals or bu\sinesses to the government voluntarily

C. The payment of money by individuals or bu\sinesses to the government in exchange for a service

D. The payment of money by individuals or bu\sinesses to the government in exchange for a good

Correct Answer

Correct Option:

The compulsory payment of money by individuals or bu\sinesses to the government

This is Post Utme Delsu 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Delsu Economics examination.

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