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Economics · Oct / Nov 2017 · Paper 13 · Question 19

2281Fiscal policy

A government collects the following revenue in a year. | | $m | |---|---| | customs duties | 100 | | taxes on goods | 200 | | taxes on income | 400 | | taxes on services | 300 | What is the amount of indirect tax revenue?

  1. A$200 m
  2. B$400 m
  3. C$500 m
  4. D$600 m

As printed in the paper

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Correct answer: D. $600 m

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