Post Utme Madonna University 2019 Economics Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2019 Economics Objective / Multiple Choice
Question 7 POST_UTME_MADONNA_UNIVERSITY • 2019 • ECONOMICS • objective

A government is considering a tax on a particular good. The tax will be levied on the producer, and the revenue generated will be used to fund a public project. Which of the following is a characteristic of this tax?

Answer Options

A. It is a direct tax.
Correct Answer B. It is an indirect tax.
C. It is a regressive tax.
D. It is a progressive tax.
Correct Answer
B
Correct Option:
It is an indirect tax.

About This Question

This is Post Utme Madonna University 2019 Economics Question 7. It is one of the objective questions from the 2019 Post Utme Madonna University Economics examination.

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