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O-LevelEconomicsGovernment and the macroeconomy2281/11 · Oct/Nov 2011 · Q241 Mark

Which type of tax is a sales tax (VAT)?

Adirect tax
Ban indirect tax
Cprogressive tax
Dproportional tax

✓ Correct answer

B: an indirect tax

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2011 Paper 1 Variant 1, question 24.

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