Post Utme Lasu 2019 Economics Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Lasu Economics examination.

Post Utme Lasu 2019 Economics Objective / Multiple Choice
Question 15 POST_UTME_LASU • 2019 • ECONOMICS • objective

The government of Nigeria collects taxes from its citizens to fund public goods and services. Explain the concept of taxation and its impor\tance in the economy.

Answer Options

Correct Answer A. The government of Nigeria collects taxes from its citizens to fund public goods and services.
B. The government of Nigeria collects taxes from its citizens to fund private goods and services.
C. The government of Nigeria does not collect taxes from its citizens to fund public goods and services.
D. The government of Nigeria collects taxes from its citizens to fund public goods and services, but the taxes are not used to fund public goods and services.
Correct Answer
A
Correct Option:
The government of Nigeria collects taxes from its citizens to fund public goods and services.

About This Question

This is Post Utme Lasu 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Lasu Economics examination.

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