Post Utme Rhema University 2017 Economics Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2017 Economics Objective / Multiple Choice
Question 11 POST_UTME_RHEMA_UNIVERSITY • 2017 • ECONOMICS • objective

A government imposes a tax on luxury goods to reduce consumption. What type of tax is this?

Answer Options

A. Proportional Tax
B. Progressive Tax
Correct Answer C. Regressive Tax
D. Lump Sum Tax
Correct Answer
C
Correct Option:
Regressive Tax

About This Question

This is Post Utme Rhema University 2017 Economics Question 11. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.

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