Note AcademyNote Academy
Start

Economics · May / June 2020 · Paper 12 · Question 18

2281Fiscal policy

A government increased revenue by increasing taxes on firms. Which tax did it increase?

  1. Ainheritance tax
  2. Bprofits tax
  3. Csales tax
  4. Dvalue added tax

As printed in the paper

Show the answer

Correct answer: B. profits tax

Sit this whole paper →More on Fiscal policy

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.