A government increases the rate of income tax in order to pay for extra transfer payments, including cash benefits to the poor. What must occur as a result of this?

0455_s19_qp_11

MCQ

2019

Paper 1, Variant 1

View

Which form of taxation always takes an increasing percentage of the taxpayer’s income as it rises?

0455_s19_qp_13

MCQ

2019

Paper 1, Variant 3

View

An economy has a high rate of inflation. In response to this, its government increases income tax. What is the most likely reason for this increase?

0455_s21_qp_11

MCQ

2021

Paper 1, Variant 1

View

The table shows sources of government revenue for an economy. sources of revenue $ billions sale of government assets sales tax tariffs on imports tax on employment income tax on inherited wealth tax on company profits What is the total amount of tax revenue raised by direct taxes?

0455_s21_qp_13

MCQ

2021

Paper 1, Variant 3

View

What is an example of a fiscal policy measure?

0455_s22_qp_11

MCQ

2022

Paper 1, Variant 1

View

A government decides to leave direct taxes unchanged but to increase indirect taxes. What is this policy intended to achieve?

0455_s23_qp_12

MCQ

2023

Paper 1, Variant 2

View

A government wishes to stimulate economic recovery. Which action will assist this?

0455_s23_qp_13

MCQ

2023

Paper 1, Variant 3

View

The government wishes to reduce the harmful emissions from road transport. Which measure would be effective in helping to achieve this aim?

0455_s24_qp_13

MCQ

2024

Paper 1, Variant 3

View

The governments of many countries raise revenue from a tax on a wide range of essential goods and services. What is the nature of this tax?

0455_w06_qp_1

MCQ

2006

Paper 1, Variant 0

View

A country has a proportional system of taxation. A person pays $500 tax when earnings are $5000. How much tax will be paid if earnings rise to $12 000?

0455_w06_qp_1

MCQ

2006

Paper 1, Variant 0

View

---