Post Utme Ksu 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Ksu Economics examination.

Post Utme Ksu 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_KSU • 2020 • ECONOMICS • objective

A government is considering implementing a value-added tax (VAT) to raise revenue. U\sing the Laffer curve, determine the optimal VAT rate that maximizes government revenue.

Answer Options

A. 0%
B. 10%
Correct Answer C. 20%
D. 30%
Correct Answer
C
Correct Option:
20%

About This Question

This is Post Utme Ksu 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Ksu Economics examination.

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