Post Utme Oau 2022 Economics Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Oau Economics examination.

Post Utme Oau 2022 Economics Objective / Multiple Choice
Question 18 POST_UTME_OAU • 2022 • ECONOMICS • objective

The government of Nigeria has introduced a new tax policy to increase revenue. The policy includes a 10% tax on all goods and services, a 5% tax on income, and a 2% tax on property. What type of tax is this?

Answer Options

A. Direct tax
Correct Answer B. Indirect tax
C. Progressive tax
D. Regressive tax
Correct Answer
B
Correct Option:
Indirect tax

About This Question

This is Post Utme Oau 2022 Economics Question 18. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.

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