Post Utme Eksu 2017 Economics Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Eksu Economics examination.

Post Utme Eksu 2017 Economics Objective / Multiple Choice
Question 32 POST_UTME_EKSU • 2017 • ECONOMICS • objective

A government wants to reduce its budget deficit by increa\sing taxes. If the government increases taxes by 10% and the tax revenue increases by 15%, what is the new tax rate?

Answer Options

A. 10%
B. 12%
Correct Answer C. 15%
D. 18%
Correct Answer
C
Correct Option:
15%

About This Question

This is Post Utme Eksu 2017 Economics Question 32. It is one of the objective questions from the 2017 Post Utme Eksu Economics examination.

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