Post Utme Oau 2022 Economics Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Oau Economics examination.

Post Utme Oau 2022 Economics Objective / Multiple Choice
Question 13 POST_UTME_OAU • 2022 • ECONOMICS • objective

The government of Nigeria has introduced a new tax policy to increase revenue. The policy includes a new tax on luxury goods and a reduction in the tax rate on essential goods. However, the policy has been criticized for being regressive and for potentially harming the poor. Which of the following is a potential benefit of the policy?

Answer Options

Correct Answer A. Increased government revenue
B. Improved tax compliance
C. Reduced poverty
D. Increased economic growth
Correct Answer
A
Correct Option:
Increased government revenue

About This Question

This is Post Utme Oau 2022 Economics Question 13. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.

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