Post Utme Summit University 2020 Economics Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Summit University Economics examination.

Post Utme Summit University 2020 Economics Objective / Multiple Choice

Question 8 POST_UTME_SUMMIT_UNIVERSITY • 2020 • ECONOMICS • objective

A country's government decides to implement a value-added tax (VAT) to increase revenue. What type of tax is this?

Answer Options

A. Direct Tax

Correct Answer B. Indirect Tax

C. Proportional Tax

D. Progressive Tax

Correct Answer

Correct Option:

Indirect Tax

About This Question

This is Post Utme Summit University 2020 Economics Question 8. It is one of the objective questions from the 2020 Post Utme Summit University Economics examination.

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