Question 18
Question 18 of 30
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
3. Government microeconom...
3.2. Methods and effects of governm...

impact and incidence of specific indirect taxes

5. Government macroeconom...
5.2. Fiscal policy

taxation: types of taxes: direct/indirect, progressive/regressive/proportional, rates of tax: marginal and average rates of taxation (mrt, art), reasons for taxation