Utme 2017 Economics Question 5

Practice objective / multiple choice question 5 from the 2017 Utme Economics examination. This question covers Public Finance .

Utme 2017 Economics Objective / Multiple Choice 2 Difficulty
Topic: Public Finance
Question 5 UTME • 2017 • ECONOMICS • objective

Personal income tax as a source of government revenue is increased when

Answer Options

A. Tax base is contracted
Correct Answer B. Tax rate is raised
C. Tax system is proportional
D. Retirement age is reduced
Correct Answer
B
Correct Option:
Tax rate is raised

About This Question

This is Utme 2017 Economics Question 5. It is one of the objective questions from the 2017 Utme Economics examination.

The question covers Public Finance .

Difficulty level: 2 .

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