Post Utme Igbinedion University 2022 Economics Question 40
Practice objective / multiple choice question 40 from the 2022 Post Utme Igbinedion University Economics examination.
A government is considering a tax on a good to raise revenue. The government's budget constraint is given by B = T + P, where B is the budget, T is the tax revenue, and P is the price of the good. What is the effect of the tax on the price of the good?
Answer Options
About This Question
This is Post Utme Igbinedion University 2022 Economics Question 40. It is one of the objective questions from the 2022 Post Utme Igbinedion University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.