Post Utme Ui 2020 Economics Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Ui Economics examination.

Post Utme Ui 2020 Economics Objective / Multiple Choice
Question 13 POST_UTME_UI • 2020 • ECONOMICS • objective

A government is considering implementing a new tax policy to reduce income inequality. The policy involves increa\sing the tax rate on high-income earners and reducing the tax rate on low-income earners. What is the likely effect of this policy on the government's revenue?

Answer Options

Correct Answer A. Increase in revenue
B. Decrease in revenue
C. No change in revenue
D. Uncertain effect on revenue
Correct Answer
A
Correct Option:
Increase in revenue

About This Question

This is Post Utme Ui 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Ui Economics examination.

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