Post Utme Rsu 2023 Economics Question 1

Practice objective / multiple choice question 1 from the 2023 Post Utme Rsu Economics examination.

Post Utme Rsu 2023 Economics Objective / Multiple Choice
Question 1 POST_UTME_RSU • 2023 • ECONOMICS • objective

Determine the optimal tax rate for a country with a mixed economy, given that the government aims to maximize revenue while minimizing the deadweight loss.

Answer Options

A. 0% tax rate
B. 10% tax rate
Correct Answer C. 20% tax rate
D. 30% tax rate
Correct Answer
C
Correct Option:
20% tax rate

About This Question

This is Post Utme Rsu 2023 Economics Question 1. It is one of the objective questions from the 2023 Post Utme Rsu Economics examination.

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