Prelim ACTIVITY 1-10
Prelim ACTIVITY 1-10
I. Multiple Choice:
III. Enumeration:
I. Multiple Choice:
III. Enumeration:
I. Multiple Choice
7. According to Laffer, when the tax rate is 100 per cent , the tax revenue
will be:
A) 100% B) 50% C) Zero D) 10%
8. Incidence of a tax refers to the _________ burden of tax:
A) Initial B) Ultimate C) Intermediate D) None
9. In the case of regressive tax, the rate of tax _________ as income
increases:
A) increases B)remains constant C) Decreases D) None
10. Advolorum duties are levied on:
A) Length B) Weight C) Utilities D) Value
III. Enumeration:
I. Multiple Choice:
III. Enumeration:
I. Multiple Choice:
III. Enumeration:
I. Multiple Choice:
III. Enumeration:
I. Multiple Choice:
III. Enumeration:
I. Multiple Choice:
1. What is taxation?
III. Enumeration:
I. Multiple Choice:
I. Multiple Choice: