Post Utme Eksu 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Eksu Economics examination.

Post Utme Eksu 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_EKSU • 2025 • ECONOMICS • objective

The Nigerian government has introduced a new tax on luxury goods. Which of the following is a likely effect of this tax?

Answer Options

Correct Answer A. Increased tax revenue
B. Reduced tax evasion
C. Increased consumption of luxury goods
D. Decreased economic growth
Correct Answer
A
Correct Option:
Increased tax revenue

About This Question

This is Post Utme Eksu 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Eksu Economics examination.

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