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Economics (AS & A Level) · May / June 2021 · Paper 12 · Question 17

9708Fiscal policy

The table shows sources of government revenue in a fiscal year for an economy. | source of revenue | $ billions | |---|---| | sale of government assets | 100 | | tax on self employed | 1000 | | carbon tax on goods produced | 100 | | corporate taxes | 500 | | capital gains tax | 100 | | goods and services tax | 1000 | | air passenger tax | 100 | What is the total amount, in $ billions, of tax revenue raised by indirect taxes?

  1. A1200
  2. B1300
  3. C1400
  4. D1600

As printed in the paper

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Correct answer: A. 1200

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