Free MCQsLearn App Download - Taxes Quizzes Online MCQs PDF Download 8
Practice Taxes quiz questions, taxes multiple choice questions and answers PDF to prepare economics exam worksheet 8 for online certificate programs. Practice Supply, Demand, and Government Policies quiz with answers, taxes multiple choice Questions and Answers (MCQ) to solve taxes test with answers for online university degrees. Free taxes MCQs, demand curve, should un trade with other countries?, taxes test prep for online bachelor's degree in business.
"The condition when the burden of paying tax is shared among the collective participants in a market is known as", taxes Multiple Choice Questions (MCQ) with choices tax on sellers, tax on buyers, tax incidence, and tax administration for online graduate programs. Learn supply, demand, and government policies questions and answers with free online certification courses for general business degree online.
Taxes Questions and Answers PDF Download 8
MCQ: The condition when the burden of paying tax is shared among the collective participants in a market is known as
- tax on buyers
- tax on sellers
- tax incidence
- tax administration
C
MCQ: The best opportunity to increase country's prosperity is
- quota
- embargo
- tariffs
- trade and specialization
D
MCQ: When price of popcorn reduces whereas the price of movie tickets increases and vice versa, are to be known as
- inferior goods
- complementary goods
- substitutes
- normal goods
B
MCQ: The amount of one good which must be given up in order to release resources necessary to produce an additional unit of another good is known as
- marginal rate of cost
- average rate of cost
- marginal rate of substitution
- marginal rate of transformation
D
MCQ: One of the basic loss suffers by society because of levying taxes or subsidies is known as
- loss for buyers
- loss for sellers
- dead weight loss of taxation
- shortage of taxation
C