Post Utme Summit University 2017 Economics Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Summit University Economics examination.

Post Utme Summit University 2017 Economics Objective / Multiple Choice

Question 8 POST_UTME_SUMMIT_UNIVERSITY • 2017 • ECONOMICS • objective

The government of Nigeria is considering a tax reform to reduce the tax burden on low-income households. Which of the following tax reforms is most likely to achieve this goal?

Answer Options

Correct Answer A. Reducing the tax rate on low-income households

B. Increa\sing the tax rate on high-income households

C. Implementing a progressive tax system

D. Introducing a value-added tax (VAT)

Correct Answer

Correct Option:

Reducing the tax rate on low-income households

About This Question

This is Post Utme Summit University 2017 Economics Question 8. It is one of the objective questions from the 2017 Post Utme Summit University Economics examination.

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