O-LevelEconomicsGovernment and the macroeconomy2281/12 · May/June 2018 · Q181 Mark

A government has the following revenue. revenue ($m) corporation profits tax 20 inheritance tax 30 duty on imports 40 income tax 50 sales tax (VAT) 200 What is the total amount of indirect tax revenue?

A$140 m

B$200 m

C$240 m

D$270 m

✓ Correct answer

C: $240 m

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2018 Paper 1 Variant 2, question 18.

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A government has the following revenue. revenue ($m) corporation profits tax 20 inheritance tax 30 duty on imports 40 income tax 50 sales tax (VAT) 200 What is the total amount of indirect tax revenue?

✓ Correct answer

Practise more questions on this topic

About this question

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